With Rocco Forte Hotels new strategic partner in Fondo Strategico Italiano (FSI), Sir Rocco Forte has been newly emboldened to state he wants to at least double the size of today’s 10-hotel company within five years. An injection of £60 million (US$95 million) from the Italian state-backed sovereign fund 80% controlled by Cassa Depositi e Prestiti (CDP) and 20% by Bank of Italy in exchange for a 23% equity stake would certainly give any European luxury brand renewed stimulus and Sir Rocco is already in discussions concerning a development in Venice and is actively pursuing projects in Milan, Naples and Sicily.

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