Orient Express Hotels Ltd
HAMILTON, Bermuda, November 2, 2011 -
Third Quarter Earnings Summary
Third quarter total revenue, excluding Real Estate, up 17% to $183.2 million
Revenue from Owned Hotels up 16% to $150.0 million
Same store RevPAR up 19% in US dollars, up 14% in local currency
Adjusted EBITDA before Real Estate up 29% to $46.7 million
Adjusted net earnings from continuing operations increased to $19.9 million from $6.1 million in the third quarter of 2010
KeyEvents
Completed the refinancing of an $88 million loan on Copacabana Palace, Rio de Janeiro, and Hotel das Cataratas, Iguassu Falls.
HAMILTON, Bermuda, September 29, 2011 -
Orient-Express Hotels Ltd.
HAMILTON, Bermuda, September 8, 2011 -
Orient-Express Hotels Ltd.
HAMILTON, Bermuda, August 2, 2011 -
Second Quarter Earnings Summary
Second quarter total revenue, excluding Real Estate, up 23% to $177.4 million
Revenue from Owned Hotels up 25% to $145.2 million
Same store RevPAR up 20% in US dollars, up 14% in local currency
Adjusted EBITDA before Real Estate up 28% to $41.1 million
Adjusted net earnings from continuing operations for the quarter of $7.5 million, compared to $3.3 million in the second quarter of 2010
KeyEvents
Announced the planned opening in summer 2012 of Palacio Nazarenas, a 55 key all suite hotel in a former palace and convent in Cuzco, Peru
Reopened Napasai, Koh Samui, following a one month closure to create a new seven acre lagoon and nature reserve
Hotel Caruso, Ravello, ranked Top Resort in Europe in Travel + Leisure (US) World's Best Awards 2011 readers' survey
Maroma's Kinan Spa voted best spa in Mexico & Central America by readers of Cond Nast Traveler (US)
Completed the €18.0 million ($26.1 million) refinancing of loans secured on La Residencia, Mallorca, with maturity of three years
Completed sale of Htel de la Cit, Carcassonne, on August 1 for €9.0 million ($12.9 million)
Orient-Express Hotels Ltd.
HAMILTON, Bermuda, July 8, 2011 -
- Paul White Resigns as
CEO; Chairman Bob Lovejoy Named Interim CEO; Search
Underway
Orient-Express Hotels Ltd.
More News
- Orient-Express Hotels Ltd. Second Quarter 2011 News Release and Conference Call
- Orient-Express Hotels Announces New Board Appointments
- First Quarter Earnings Summary
- Two New Independent Directors Nominated
- Orient-Express Hotels Ltd. First Quarter 2011 News Release and Conference Call
- Director Bob Lovejoy Expected to Become Chairman
- Orient-Express Hotels & the New York Public Library
- Orient-Express Hotels Reports Fourth Quarter and Full Year 2010 Results
- Orient-Express Hotels Ltd. Fourth Quarter 2010 News Release and Conference Call
- Orient-Express Hotels Ltd Appoints Roy Paul as Chief Development Officer
- Raymond Blanc Appointed Vice President, Orient-Express Hotels Ltd
- Orient-Express Hotels Announces Closing of $123.6 Million Common Share Offering
- Orient-Express Comes 'Off the Rails' to BFI Southbank as Part of the BFI Agatha Christie Weekend 18th - 21st November, 2010
- Orient-Express Hotels Announces Pricing of Common Share Offering
- Orient-Express Hotels Announces Common Share Offering
- Orient-Express Hotels Reports Third Quarter 2010 Results
- Orient-Express Hotels Ltd. Third Quarter 2010 News Release and Conference Call
- Orient-Express Hotels Reports Second Quarter 2010 Results
- Orient-Express Hotels Ltd. Second Quarter 2010 News Release and Conference Call
- Georg R. Rafael Elected Vice Chairman of the Board of Orient-Express Hotels
- Orient-Express Hotels Reports First Quarter 2010 Results
- Orient-Express Hotels Ltd. First Quarter 2010 News Release and Conference Call
- /C O R R E C T I O N — Orient Express Hotels Ltd/
- Hotel Cipriani SRL and Cipriani (Grosvenor Street) Ltd
- Orient-Express Hotels Reports Fourth Quarter and Full Year 2009 Results
- Orient-Express Hotels Confirms Acquisition of Grand Hotel Timeo and Villa Sant'Andrea Plus Sale of Lilianfels Blue Mountains
- Orient-Express Hotels Ltd. Fourth Quarter 2009 News Release and Conference Call
- Orient-Express Hotels Announces Closing of $138 Million Common Share Offering
- Grand Hotel Timeo and Villa Sant'Andrea, Taormina
- Orient-Express Hotels to Acquire Hotel in Peru's Sacred Valley
- Orient-Express Hotels to Sell Lilianfels Blue Mountains, Australia
- Orient-Express Hotels Reports Third Quarter 2009 Results
- Orient-Express Hotels Ltd. Third Quarter 2009 News Release and Conference Call
- Orient-Express Hotels Sells Windsor Court Hotel, New Orleans
- Strengthened Management Structure at Orient-Express Hotels