Orient Express, artisan of travel since 1883 and brand of Accor, and Italian group Arsenale S.p.A, experts in luxury hotels and hospitality, have entrusted the interior design and artistic direction of the hotel to architect and designer Hugo Toro.
Roeland Vos Nominated to Board; Georg Rafael to Retire at AGM
Total revenue was $101.8 million in the first quarter of 2014, down $0.2 million from $102.0 million in the first quarter of 2013. Total hotels revenue for the first quarter was $88.9 million, a decrease of $1.9 million from $90.8 million in the first quarter of 2013.
Total revenue was $138.0 million in the fourth quarter of 2013, an increase of $11.5 million or 9% from $126.5 million in the fourth quarter of 2012. Total hotels revenue for the fourth quarter was $113.3 million, an increase of $7.9 million or 7% from $105.4 million in the fourth quarter of 2012 due largely to 9% growth in US dollar same store owned hotels RevPAR. Total trains & cruises revenue in the fourth quarter was $24.7 million, up $3.6 million or 17% from $21.1 million in the fourth quarter of 2012.
Orient-Express Hotels Ltd. (NYSE:OEH) announced that its board of directors has approved a proposal to operate the Company’s collection of luxury hotels and travel experiences under a new brand name, Belmond, effective March 10, 2014.
Total revenue was $191.2 million in the third quarter of 2013, up $30.2 million or 19% from $161.0 million in the third quarter of 2012. Revenue from owned hotels for the third quarter was $159.2 million, up $28.2 million or 22% from $131.0 million in the third quarter of 2012 due largely to 20% growth in US dollar same store owned hotels RevPAR. Trains & cruises revenue in the third quarter was $27.2 million, up 5% from $26.0 million in the third quarter of 2012.
Total revenue was $174.3 million in the second quarter of 2013, up $10.5 million or 6% from $163.8 million in the second quarter of 2012. Revenue from owned hotels for the second quarter was $143.0 million, up $12.3 million or 9% from $130.7 million in the second quarter of 2012 due largely to 9% growth in same store owned hotels RevPAR. Trains & cruises revenue in the second quarter was $25.0 million, down 7% from $27.0 million in the second quarter of 2012.
Orient-Express Hotels Ltd. (NYSE; OEH) confirmed the election of eight directors to its Board of Directors at the Company’s 2013 Annual General Meeting of Shareholders, including a new independent director, Roland Hernandez, who was also named Chairman of the Board.
Total revenue was $103.2 million in the first quarter of 2013, up $2.7 million or 3% from $100.5 million in the first quarter of 2012. Revenue from owned hotels for the first quarter was $89.2 million, up $1.7 million or 2% from $87.5 million in the first quarter of 2012.
Total revenue was $128.0 million in the fourth quarter of 2012, down $1.1 million or 1% from $129.1 million in the fourth quarter of 2011. Excluding Copacabana Palace, which was partially closed for renovation for the majority of the quarter, total revenue was up 3% compared to the fourth quarter of 2011.