Orient-Express Hotels Ltd. Changes Corporate Name to Belmond Ltd.
Orient-Express Hotels Ltd. (NYSE: OEH) (the "Company") today confirmed that is has changed its name from Orient-Express Hotels Ltd. to Belmond Ltd. following approval from shareholders at the 2014 annual general meeting of shareholders ("AGM") held on June 30, 2014. Furthermore, the Company intends to change the ticker symbol of its class A common shares listed on the New York Stock Exchange from OEH to BEL on July 28, 2014.
later this month, is the final stage in our successful transition to Belmond."
"We are pleased to be able to align our corporate identity with that of our primary luxury brand,Belmond, following its well-received launch earlier this year," said John M. Scott, president and chief executive officer of Belmond Ltd. "This decision gives clarity to our brand architecture and, combined with changing our ticker symbol later this month, is the final stage in our successful transition to Belmond."
Shareholders also approved the election of eight directors to the Company's board of directors at theAGM, including a new independent director, Roeland Vos, a seasoned business executive with strong board and luxury hospitality operations experience. The reappointment of Deloitte LLC as the Company's independent auditors was also approved by shareholders.
About Belmond Ltd.
Belmond Ltd. is a global portfolio of luxury travel experiences including hotels, trains, cruises and safaris in some of the world"s most inspiring and enriching destinations. Established almost 40 years ago with the acquisition of Hotel Cipriani in Venice, the Company owns and operates 47 unique and distinctive hotel, rail and river cruise experiences in many of the world"s most celebrated destinations. From city landmarks to intimate resorts, the collection includes Belmond Grand Hotel Europe, St. Petersburg; Belmond Copacabana Palace, Rio de Janeiro; Belmond Maroma Resort & Spa, Riviera Maya; and Belmond El Encanto, Santa Barbara. Belmond also encompasses safaris, eight luxury tourist trains including the Venice Simplon-Orient-Express, three river cruises and "21", one of New York"s most storied restaurants.