Orient-Express Hotels posts full-year loss

Guest Writer

Orient-Express Hotels has reported its full-year 2009 results, with the company seeing a net loss of US$68.7 million fore the 12 months ending 31 December 2009, compared to a US$26.6 million in 2008. However the Q4 2009 performance did improve from the same period in 2008, narrowing to a US$16.8 million loss, from a deficit of US$48.1 million in Q4 2008. Revenues for the year declined 14%, or US$76.8 million. The company’s President and Chief Executive Officer, Paul White, called 2009 a “challenging year”.

You might also like

Comments are closed.

X
GET THE LATEST TRAVEL INDUSTRY NEWS, JOBS AND EVENTS STRAIGHT TO YOUR INBOX!
Join over 180,000 travel agents, professionals and executives subscribed to our daily newsletter.
You can unsubscribe at any time
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
Close