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Rocco Forte Hotels
Rocco Forte Hotels is to invest £8m in improvements at the five-star Lowry Hotel in Manchester, with a new spa and leisure complex due to open in 2009.
Rocco Forte Hotels has sold its St David's five-star hotel and spa in Cardiff to Principal Hotels for £32m.
Rocco Forte Hotels is looking to raise £75m for expansion from the sale of the property assets of its luxury hotels in Manchester and Cardiff.