Type
|
Public |
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Traded as | NYSE: BEL S&P 600 Component |
Industry | Hospitality |
Headquarters | London, United Kingdom |
Key people
|
Roeland Vos, CEO |
Services | Hotels, trains, cruises, restaurants |
Revenue | US$ 585.7 million (2014) |
Website | belmond.com |
Belmond Ltd. is a hotel and leisure company that operates luxury hotels, train services and river cruises around the world. In 2015, the company had 35 deluxe hotels, 7 tourist trains, 3 river cruises and restaurants in 22 countries.
The company was formerly known as Orient-Express Hotels Ltd. On 10 March 2014, the global collection of businesses was renamed Belmond, and on 1 July 2014, the parent company itself was renamed Belmond Ltd.
The company was founded in 1976 with the acquisition of Hotel Cipriani in Venice. The company derived its original name from the Orient Express train. It operates the Venice Simplon-Orient-Express, which provides overnight train service between London and Venice. It also operates other trains, including the Belmond Royal Scotsman train service, and has a 50 percent interest in PeruRail.
Among the European hotels it owns is Belmond Hotel Cipriani in Venice and Belmond Reid's Palace in Madeira. The company also owns and operates the Belmond Mount Nelson Hotel in Cape Town, and the Belmond Copacabana Palace in Rio de Janeiro. It operates two river cruisers on the Irrawaddy River in Central Burma (Myanmar), and Belmond Afloat in France (five canal and river barges).
The properties, trains and other services that are owned or managed by Belmond Ltd. include the following.
2009-06-10 | Reiterated | Oppenheimer | Perform | $6 to $8 |
2009-04-28 | Upgrade | JP Morgan | Underweight to Neutral | |
2008-10-08 | Downgrade | Deutsche Securities | Buy to Hold | |
2008-03-14 | Upgrade | UBS | Neutral to Buy | |
2007-11-21 | Upgrade | UBS | Neutral to Buy | |
2007-04-03 | Downgrade | Citigroup | Buy to Hold | |
2007-03-27 | Downgrade | Bear Stearns | Outperform to Peer Perform | |
2007-03-05 | Reiterated | Goldman Sachs | Neutral | $44 to $46 |
2007-02-27 | Downgrade | CIBC Wrld Mkts | Sector Outperform to Sector Perform |
2009-06-10 | Reiterated | Oppenheimer | Perform | $6 to $8 |
2009-04-28 | Upgrade | JP Morgan | Underweight to Neutral | |
2008-10-08 | Downgrade | Deutsche Securities | Buy to Hold | |
2008-03-14 | Upgrade | UBS | Neutral to Buy | |
2007-11-21 | Upgrade | UBS | Neutral to Buy |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
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