Rocco Forte sales rise by a quarter

Sir Rocco Forte’s hotel empire saw sales rise last year but remained in the red for a fourth consecutive year. Rocco Forte Hotels, which owns 13 luxury resorts around the world, reported a 25 per cent rise in turnover to £185m in the year to 30 April 2012 after buying a 50 per cent interest in a joint venture with Bank of Scotland. Loss on ordinary activities before tax narrowed to £9.3m from £9.6 the previous year, company filings show.