Latest news
Q2 revenue growth for Orient-Express Hotels
Hotel, tourist train and river cruise operator Orient-Express Hotels has posted a 23 per cent growth in total revenue for the second quarter, compared with the same period in 2010.
Excluding real estate, total revenues reached US$177.4m (£108.3m, EUR124.1m). Revenue from owned hotels increased by 25 per cent to US$145.2m (£88.6m, EUR101.5m). During the three-month period, Orient-Express Hotels announced the planned opening of a 55-key all-suite hotel a former palace and convent in Peru - Palacio Nazarenas.
Bob Lovejoy, the group's chair and interim CEO, said: "Orient-Express performed well in the second quarter, reflecting continued positive momentum in the luxury leisure travel market."