Orient-Express Hotels Ltd.
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| Orient-Express Hotels Ltd. | |
|---|---|
| Type | Public (NYSE: OEH) |
| Founded | |
| Headquarters | Hamilton, Bermuda |
| Key people | Paul M. White |
| Industry | Hotels, Restaurants, Trains, Cruises |
| Revenue | ▲ $39.8 million USD (2006) |
| Website | http://www.orient-express.com/ |
Orient-Express Hotels Ltd (NYSE: OEH) is a hotel and leisure company that operates high end hotels, cruise and train services around the world. In 2007 it had 39 individual deluxe hotels, two restaurants, six tourist trains and two river cruise businesses in 25 countries worldwide.[1]
The company derives its name from the Orient Express. In particular it operates the Venice-Simplon Orient Express which operates overnight service between London and Venice. It also operates the The Royal Scotsman train service and 50 percent interest in PeruRail.
It operates a river cruise on the Irrawaddy River in Central Burma (Myanmar) and the Afloat franchise in France.
The company owns the 21 Club in New York City (with plans to add a hotel next to it by 2011).
Among the European hotels it owns is the Hotel Cipriani in Venice (the company sold its 49 percent interest in the London branch of Harry's Bar in 2006).
Hotels and restaurants accounted for 84% of revenue during the year ended December 31, 2006. Tourist trains and cruises accounted for 13% and the remaining 4% coming from “development activities.”
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