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Rocco Forte Hotels’ Russian outpost pays out bumper dividend
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Rocco Forte Hotels’ Russian outpost pays out bumper dividend
The ring-fenced Russian arm of Rocco Forte Hotels has paid its shareholders a dividend worth more than £3m, despite the luxury hospitality chain being accused of bankrolling Putin’s war machine in Ukraine by maintaining operations in Russia. Astoria Hotel Joint Stock Company – the holding group for Rocco Forte Hotels’ Russian portfolio – distributed £3.2m [...]
15 Sept, 05:00
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