Orient-Express Hotels Offers Update on Strategic Actions

Loading...
Loading...
Orient-Express Hotels Ltd.
OEH
today announced several actions reflecting the Company's strategy to increase the earnings power of its properties, optimize its unique portfolio of luxury travel assets, and further strengthen its balance sheet. The Company is selling two non-strategic properties for a total of $45.0 million in cash, has re-opened the main building of Copacabana Palace in Rio de Janeiro after an extensive renovation, and has announced plans to commence significant renovations at two of its top-performing properties.
Posted In: News
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...