reports
LVMH Completes the Agreement with Belmond
HAMILTON, Bermuda--(BUSINESS WIRE)-- LVMH Moët Hennessy Louis Vuitton SE (LVMH.PA), the world’s leading luxury group, and Belmond Ltd. (NYSE: BEL), owners, part-owners or managers of 45 luxury hotel, restaurant, train and river cruise properties, today declared that the acquisition of Belmond by LVMH has been completed. This transaction, which was announced on December 14, 2018, received approval from Belmond’s shareholders on February 14, 2019, and closed effective today. Under the terms of the $3.2 billion e...
Belmond Ltd. Announces Timing of First Quarter 2019 Earnings Release
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) will release its first quarter 2019 financial results on Wednesday, May 8, 2019 after market close. As previously announced, on December 13, 2018 the Company entered into an Agreement and Plan of Merger with LVMH Moët Hennessy−Louis Vuitton SE, Palladio Overseas Holding Limited and Fenice Ltd. (collectively, “LVMH”) pursuant to which LVMH will acquire the Company. On February 14, 2019, the Company held a special general meeting of shareholders at which holde...
Belmond Ltd. Reports Fourth Quarter 2018 and Full-Year 2018 Results
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”), owners, part-owners or managers of 46 luxury hotel, restaurant, train and river cruise properties, which operate in 24 countries, today announced its results for the fourth quarter and full year ended December 31, 2018. Roeland Vos, president and chief executive officer, remarked: "The strong growth momentum we generated throughout 2018 continued into the last three months of the year. Although the fourth quarter is seasonally small, adjusted EBITD...
Belmond Ltd. Announces Timing of Fourth Quarter and Full Year 2018 Ear...
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) will release its fourth quarter and full year 2018 financial results on Wednesday, February 27, 2019 after market close. As previously announced, on December 13, 2018 Belmond Ltd. (the “Company”) entered into an Agreement and Plan of Merger with LVMH Moët Hennessy−Louis Vuitton SE, Palladio Overseas Holding Limited and Fenice Ltd. (collectively, “LVMH”) pursuant to which LVMH will acquire the Company. This transaction is expected to close in the first half o...
Belmond Ltd. Reports Third Quarter 2018 Results; Reaffirms Full-Year 2...
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE:BEL) (the “Company”), owners, part-owners or managers of 46 luxury hotel, restaurant, train and river cruise properties, which operate in 24 countries, today announced its results for the third quarter ended September 30, 2018. Roeland Vos, president and chief executive officer, remarked: "Belmond delivered significant growth in the third quarter of 2018. In what is seasonally the largest quarter in terms of EBITDA contribution, we are pleased to have recorded a 21% rise...
Belmond Ltd. Announces Timing of Third Quarter 2018 Earnings Release a...
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) will release its third quarter 2018 financial results on Tuesday, November 6, 2018 after the market closes and will host a conference call for the investment community on Wednesday, November 7, 2018 at 10:00 a.m. EST (3:00 p.m. GMT). Participants may listen to a simultaneous webcast of the conference call by accessing the presentations and events section of the Company’s investor relations website at . Alternatively, participants may dial i...
Belmond Ltd. Announces Timing of Second Quarter 2018 Earnings Release ...
HAMILTON, BERMUDA--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) will release its second quarter 2018 financial results on Wednesday, August 8, 2018 after the market closes and will host a conference call for the investment community on Thursday, August 9, 2018 at 10:00 a.m. EDT (3:00 p.m. BST). Participants may listen to a simultaneous webcast of the conference call by accessing the presentations and events section of the Company’s investor relations website at investor.belmond.com/presentations-and-events. ...
Belmond Ltd. Reports First Quarter 2018 Results
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”), owners, part-owners or managers of 46 luxury hotel, restaurant, train and river cruise properties, which operate in 24 countries, today announced its results for the first quarter ended March 31, 2018. Roeland Vos, president and chief executive officer, remarked: “I am encouraged by the performance posted in the first quarter. This is seasonally our smallest revenue-generating period, and with two of our properties closed that would normally contri...
Belmond Ltd. Announces Timing of First Quarter 2018 Earnings Release a...
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) will release its first quarter 2018 financial results on Tuesday, May 8, 2018 after the market closes and will host a conference call for the investment community on Wednesday, May 9, 2018 at 9:00 a.m. EDT (2:00 p.m. BST). Participants may listen to a simultaneous webcast of the conference call by accessing the presentations and events section of the Company’s investor relations website at investor.belmond.com/presentations-and-events. Alte...
Belmond Ltd. Reports Fourth Quarter and Full Year 2017 Results
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”), owners, part-owners or managers of 46 luxury hotel, restaurant, train and river cruise properties, excluding one scheduled for a 2018 opening in London, which operate in 24 countries, today announced its results for the fourth quarter and full year ended December 31, 2017. Roeland Vos, president and chief executive officer, remarked: “Our results in the seasonally low fourth quarter of 2017 were generally in line with expectations. While we acknowl...
Belmond Announces Acquisition of Emblematic Tuscan Resort Castello Di ...
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (“Belmond” or the “Company”) today announced that it has acquired Castello di Casole, a luxury resort and estate in Tuscany, Italy. The Company purchased from the current owner the entire equity capital of two entities that together own Castello di Casole, one of the largest private real estate properties in Tuscany. The purchase price, including transaction costs, is approximately €39 million ($48 million) with a possible further €2.85 million ($3.5 million) payab...
Belmond Ltd. Announces Timing of Fourth Quarter 2017 Earnings Release ...
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) will release its fourth quarter 2017 financial results on Monday, February 26, 2018 after the market closes and will host a conference call for the investment community on Tuesday, February 27, 2018 at 10:00 a.m. EST (3:00 p.m. GMT). Participants may listen to a simultaneous webcast of the conference call by accessing the presentations and events section of the Company’s investor relations website at investor.belmond.com/presentations-and-events. ...
Belmond Bolsters Operational Leadership Team and Appoints Daniel Ruff ...
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL, Belmond.com (“Belmond” or the “Company”) today announced the appointment of Daniel Ruff as Senior Vice President, Head of Global Operations. Ruff most recently served as President and Managing Director EMEA of Wyndham Hotel Group, where he oversaw the successful growth of the company’s business across Europe, the Middle East, Africa, and India. “We are delighted to welcome Daniel, who has a proven track record in building global businesses and brings more than 15 y...
Belmond Ltd. Reports Third Quarter 2017 Results
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”), owners, part-owners or managers of 47 luxury hotel, restaurant, train and river cruise properties, including one scheduled for a 2018 opening in London, which operate in 24 countries, today announced its results for the third quarter ended September 30, 2017. Roeland Vos, president and chief executive officer, remarked: “Our underlying operational performance continued to advance through the third quarter of 2017. Notable year-over-year growth was ...
Belmond Ltd. Announces Timing of Third Quarter 2017 Earnings Release a...
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) will release its third quarter 2017 financial results on Monday, November 6, 2017 after the market closes and will host a conference call for the investment community on Tuesday, November 7, 2017 at 10:00 a.m. EST (3:00 p.m. GMT). Participants may listen to a simultaneous webcast of the conference call by accessing the presentations and events section of the Company’s investor relations website at investor.belmond.com/presentations-and-events. ...
Belmond Ltd. Reports Second Quarter 2017 Results
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE:BEL) (the “Company”), owners, part-owners or managers of 49 luxury hotel, restaurant, train and river cruise properties, including one scheduled for a 2018 opening in London, which operate in 24 countries, today announced its results for the second quarter ended June 30, 2017. Roeland Vos, president and chief executive officer, remarked: "Our operating performance for the second quarter of 2017 was strong. We delivered solid year-over-year growth at our European hotels a...
Belmond Ltd. Announces Timing of Second Quarter 2017 Earnings Release ...
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) will release its second quarter 2017 financial results on Monday, August 7, 2017 after the market closes and will host a conference call for the investment community on Tuesday, August 8, 2017 at 10:00 a.m. EDT (3:00 p.m. BST). This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170710006098/en/ Participants may listen to a simultaneous webcast of the conference call by accessing the presentations a...
Belmond Announces Acquisition of Cap Juluca in Anguilla
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (“Belmond” or the “Company”) today announced that it has entered into agreements to acquire the entirety of Cap Juluca, a 96-key luxury resort on the Caribbean island of Anguilla, British West Indies. The Company has entered into agreements with the principal owner and three other owners to acquire the entirety of the resort for a total purchase price, including all related taxes and costs, of approximately $84.6 million. At the same time, the Company has agreed a ...
Belmond Ltd. Reports First Quarter 2017 Results
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE:BEL) (the “Company”), owners, part-owners or managers of 48 luxury hotel, restaurant, tourist train and river cruise properties, including one scheduled for future opening, which operate in 23 countries, today announced its results for the first quarter ended March 31, 2017. Roeland Vos, president and chief executive officer, remarked: "Results for our first quarter of 2017, which is our seasonally lowest revenue-generating quarter, were in line with our expectations. As...
Belmond Ltd. Nominates Demetra Pinsent to its Board of Directors
HAMILTON, Bermuda--(BUSINESS WIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) today announced the nomination of a new independent director, Lady Demetra Pinsent, chief executive officer of Charlotte Tilbury Beauty Ltd., for election to its board of directors at the Company’s 2017 annual general meeting of shareholders (“AGM”) to be held on June 1, 2017. Since February 2012, Lady Pinsent has served as chief executive officer of Charlotte Tilbury Beauty Ltd., a U.K.-based, privately owned beauty and cosmetics company that launc...
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