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Forte is to invest £100m revamping its three-star Posthouse hotels and developing a new sub-brand called Posthouse Premier. 25-Aug-1999 Forte Hotels is planning to build a health and fitness centre as part of multi-million pound plans for a sports village in Wakefield. 24-Sep-1998 Forte has signed franchise agreements for the management of two Meridien hotels in Israel, one in Tel Aviv and one in Eliat. 20-Jul-1998 Granada's Forte Hotels division has won a management contract for a new 314-room hotel in London's Docklands which will open in spring 1999, and is also planning to invest £63m in its other London hotels. 30-Oct-1997 Granada Group has announced 15% price increases at the 19 London hotels acquired from Forte, due to rising occupancy rates. 11-Apr-1996 Granada has formed a hotels management division to run the hotels acquired in the Forte takeover. 02-Mar-1996 Granada has finally gained control of Forte, and is immediately looking to sell Forte's luxury hotels. 24-Jan-1996 Forte plans to dispose of its White Hart hotel chain to Regal Hotel Group for £125m, in order to fend off the Granada bid. 20-Jan-1996 Forte is planning 26 more Meridien hotels, with one in Manchester and the rest abroad. 02-Jan-1996 Forte is to sell its Little Chef and Happy Eater restaurants, Welcome Break service areas and Travelodge hotels to Whitbread for £1.05bn, on condition that the takeover bid by Granada fails. 28-Dec-1995 Forte is selling its Travelodge chain in the US for $175m to a consortium led by Hospitality Franchise Systems. 21-Dec-1995 Granada Group has made a £3.3bn hostile takeover bid for Forte. 23-Nov-1995 Forte is looking to sell its US Travelodge chain of 490 hotels at a good premium. 30-Sep-1995 Forte is to develop its Travelodge hotels with a new dedicated management team. 02-Sep-1995
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