Public Investment Fund (PIF) Acquires Significant Minority Stake in Rocco Forte Hotels, Accelerating Brand Expansion

(IN SHORT) Rocco Forte Hotels has announced that the Public Investment Fund (PIF) has entered into a definitive agreement to acquire a significant minority stake in the group, with the Forte family retaining majority ownership and control. The Italian entity CDPE Investimenti (CDPEI) is selling its entire stake as part of this arrangement. PIF’s investment… Read the full press release