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Sir Rocco Forte toasts hotels payout

Hotels tycoon Sir Rocco Forte enjoyed a bumper year as the relative weakness of sterling boosted his overseas sales.

Rocco Forte Hotels, which owns Brown’s in London and the Balmoral in Edinburgh — as well as properties in Russia, Italy and Germany — paid a £3m dividend in the year to April, of which £1.6m went to directors.

Sales were up £8m to £206m, while pre-tax profits increased 56% to £11.9m, according to accounts filed at Companies House.

Click here for the full Sunday Times article (£)

 

 

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