Belmond Limited
 | |
| Formerly | Orient-Express Hotels Ltd |
|---|---|
| Company type | Subsidiary |
| Industry | Hospitality |
| Founded | 1976 |
| Headquarters | Hamilton, Bermuda[1] |
Key people | Roeland Vos (Chairman) Dan Ruff (CEO) |
| Services | Hotels,trains,cruises,restaurants |
| Revenue | US$576.84 million (2018)[2] |
| Parent | LVMH |
| Website | www |
Belmond Ltd.(formerlyOrient-Express Hotels Ltd) is ahospitalityand leisure company that operatesluxury hotels,train services andriver cruisesworldwide.[3]In 2015, the company had 35 deluxe hotels, 7 tourist trains, 3 river cruises and restaurants in 22 countries.
History[edit]
The company was founded in 1976 by the American entrepreneurJames Sherwoodwith the acquisition of theHotel Ciprianiin Venice, Italy, from theGuinness familyfor £900,000. Sherwood then bought a number of historic rail cars similar to those used on the originalOrient Expresstrain, which he restored and used to offer rides fromParisandLondonto his hotel in Venice to wealthy clients,[4]thus the former name of the company. Much of the history of the company is documented in James Sherwood's memoirOrient Express: A Personal Journey.
On 10 March 2014, Orient-Express Hotels Ltd was renamed Belmond,[5][6][7][8]and on 1 July 2014, Belmond's holding company was also renamed Belmond Ltd.[9]
In April 2015, Belmond Limited partnered withIrish Railto launch the luxury train Belmond Grand Hibernian in Ireland.[10]In July 2016,Indian Hotels Company Limitedsold most of its 5.1% stake in Belmond, retaining only 0.44% of Belmond after the sale.[11]
In December 2018, the company agreed to be acquired byLVMH[12]in a $3.2 billion transaction which would delist the company from theNew York Stock Exchangeand make it 100% privately owned.[citation needed]The announcement of the sale led Belmond's share price to increase by 40% in a single trading day.[13]The deal closed in April 2019.[14]
Properties[edit]
Hotels[edit]
Transportation[edit]
| Type | Route | Name |
|---|---|---|
| Sleeper trains | London-Venice | Venice Simplon-Orient-Express |
| Scotland | Belmond Royal Scotsman | |
| Singapore,Malaysia,Thailand&Laos | Eastern and Oriental Express | |
| Peru | Belmond Andean Explorer[note 2] | |
| Day trains | Great Britain | Belmond British Pullman |
| Peru[note 3] | Belmond Hiram Bingham | |
| River Boats | France | Les Bateaux Belmond(five canal and river barges) |
Other formerly operated trains[edit]
- Great South Pacific Express(1999-2003) in Australia betweenKuranda, QueenslandandSydney.Its carriages were transferred to theBelmond Andean Explorerafter its demise.
- Belmond Northern Belle(2000-2017) in the Central and Northern regions of Great Britain. Sold toWest Coast Railwaysas a new operator.
- Belmond Grand Hibernian(2016-2021) inIreland.
Restaurants[edit]
| Country | City | Name |
|---|---|---|
| United States | New York City | 21 Club |
| United Kingdom | Oxfordshire | The Restaurant at Belmond Le Manoir aux Quat’Saisons |
| London | The Lalee | |
| Portugal | Madeira | William Restaurant |
| Italy | Venice | Oro Restaurant |
| Taormina | Otto Geleng Restaurant | |
| Florence | La Loggia | |
| Brazil | Rio de Janeiro | Mee |
| Rio de Janeiro | Ristorante Hotel Cipriani |
See also[edit]
Notes and references[edit]
Notes[edit]
References[edit]
- ^Company 10-Q
- ^"Belmond revenue".craft.co.Archived fromthe originalon 9 October 2019.Retrieved9 October2019.
- ^"Belmond Ltd. - SEC".Sec.gov.Retrieved3 August2017.
- ^"Belmond's founder deserves his place in its history".Ft.17 December 2018.Retrieved22 December2019.
- ^"Interview: Behind Belmond's Rebrand of Iconic Orient-Express Name".Skift.17 March 2014.Retrieved14 November2017.
- ^Vora, Shivani (14 March 2014)."Orient-Express Hotels Gets a New Name".Intransit.blogs.nytimes.Retrieved14 November2017.
- ^"Log In".Wsj.Retrieved14 November2017.[permanent dead link]
- ^"Bloomberg".Bloomberg.Retrieved14 November2017.
- ^"Orient-Express Hotels Ltd. Changes Corporate Name to Belmond Ltd".Hotelnewsresource.Retrieved14 November2017.
- ^Eoin Burke-Kennedy (22 April 2015)."'Orient Express' company Belmond jumps tracks to Ireland ".Irishtimes.Retrieved22 December2019.
- ^Ravi Teja Sharma (2 July 2016)."Tata-owned India Hotels sells 5.1 per cent stake in Belmond for $49.57 million".Indiatimes.Retrieved22 December2019.
- ^Rupert Neate (14 December 2018)."Orient Express sold to owner of Christian Dior and Louis Vuitton".Theguardian.Retrieved14 December2018.
- ^Travis Hoium (14 December 2018)."Why Belmond Ltd's Shares Jumped 40% Today".Fool }.Retrieved22 December2019.
- ^"LVMH buys Belmond hotel group for $3.2 bn, including Machu Picchu and Cusco hotels".News from Peru - Peruvian Times.23 April 2019.Retrieved15 March2024.
External links[edit]
- Official website
- Historical business data for Belmond Ltd.:
- SEC filings
- Hotel and leisure companies based in London
- Companies of Bermuda
- Cruise lines
- Railway companies of Italy
- Railway companies of the United Kingdom
- Hotel chains in the United Kingdom
- Hospitality companies established in 1976
- Railway companies established in 1976
- 1976 establishments in Italy
- 2019 mergers and acquisitions
- LVMH brands