Belmond Limited

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Belmond Ltd.
FormerlyOrient-Express Hotels Ltd.
Company typeSubsidiary
IndustryHospitality
Founded1976; 50 years ago (1976)
HeadquartersHamilton, Bermuda[1]
Key people
Roeland Vos (chairman)
Dan Ruff (CEO)
ServicesHotels, trains, cruises, restaurants
RevenueUS$ 576.84 million (2018)[2]
ParentLVMH
Websitewww.belmond.com

Belmond Ltd. (formerly Orient-Express Hotels Ltd.) is a hospitality and leisure company that operates hotels, train services and river cruises and safaris worldwide.[3] In 2024, the company has 47 properties in 28 countries and territories, with 32 hotels, six tourist trains, seven river cruise boats and two safaris.

History

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The company was founded in 1976 by the American entrepreneur James Sherwood with the acquisition of the Hotel Cipriani in Venice, Italy, from the Guinness family for £900,000. Sherwood then bought a number of carriages from the original Orient Express train, which he restored and used to offer rides from Paris and London to his hotel in Venice,[4] thus the former name of the company. Much of the history of the company is documented in Sherwood's memoir Orient 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 partnered with Irish Rail to launch the train Belmond Grand Hibernian in Ireland.[10] In July 2016, Indian Hotels Company Limited sold most of its 5.1% stake in Belmond, retaining only 0.44% after the sale.[11]

In December 2018, the company agreed to be acquired by LVMH[12] in a $3.2 billion transaction which would delist the company from the New York Stock Exchange and make it 100% privately owned.[citation needed] The announcement of the sale led Belmond's share price to increase by 40% in a day.[13] The deal closed in April 2019.[14]

Belmond has continued to grow its portfolio in Italy. In September 2021, it acquired Villa Beatrice in Portofino.[15] In February 2023, the company announced an agreement with Sardegna Resorts S.r.l to manage Romazzino in Sardinia.[16]

It has also added a cluster of new properties in Mexico. In August 2023, Belmond re-opened Maroma following a redesign, in which ten beachfront suites were added.[17] In June 2023 it entered into an agreement with Cora Pacific Development to open Milaroca, a hotel on the Pacific Coast of Mexico, in 2025.[18] In December 2023, the company announced that it had acquired Hacienda Katanchel in Mexico, with a planned opening in 2027.[19]

In December 2022, Belmond announced a ten-year plan to upgrade its properties, which it had already begun with the renovation of Splendido Mare in 2021.[20] Upgrades have included renovations and refurbishments to its trains. In October 2021, Belmond launched a train carriage designed by film director Wes Anderson on the British Pullman train.[21] In 2023, the company also launched a Dior Spa on The Royal Scotsman.[22]

In 2024, the company returned the Eastern & Oriental Express to service, after the train service was paused during the pandemic.[23] The company also launched a Dior Spa aboard, and unveiled a sleeper carriage for the Venice Simplon-Orient-Express, designed by French street artist JR.[24] The carriage was presented at the 2024 Venice Biennale.[25]

Properties

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Hotels

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Continent Country City or locality Name
Europe Italy Portofino Splendido
Splendido Mare
Villa Beatrice
Florence, Tuscany Belmond Villa San Michele
Casole d'Elsa, Tuscany Castello di Casole
Amalfi Coast Caruso
Sicily Belmond Villa Sant'Andrea
Belmond Grand Hotel Timeo
Sardinia Romazzino
Spain Deia, Mallorca Belmond La Residencia
Portugal Madeira Belmond Reid's Palace
United Kingdom London The Cadogan
Oxfordshire Le Manoir aux Quat'Saisons
North America United States Santa Barbara, California Belmond El Encanto
French West Indies St. Martin Belmond La Samanna
British West Indies Anguilla Belmond Cap Juluca
Mexico Riviera Maya Belmond Maroma Resort & Spa
San Miguel de Allende Casa de Sierra Nevada
South America Brazil Rio de Janeiro Copacabana Palace
Iguaçu Falls Belmond Hotel das Cataratas
Peru Lima Belmond Miraflores Park
Cusco Belmond Palacio Nazarenas[note 1]
Belmond Hotel Monasterio[note 1]
Machu Picchu Belmond Sanctuary Lodge[note 1]
Sacred Valley Belmond Hotel Rio Sagrado
Colca Canyon Belmond Las Casitas
Asia Indonesia Bali Belmond Jimbaran Puri
Africa South Africa Cape Town Belmond Mount Nelson Hotel
Botswana Chobe National Park Belmond Savute Elephant Lodge
Okavango Delta Eagle Island Lodge

Transportation

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Type Route Name
Sleeper trains London-Venice Venice Simplon-Orient-Express
Scotland Belmond Royal Scotsman
England - Wales Britannic Explorer
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 (seven canal and river barges)

Other formerly operated trains

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Restaurants

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Country City Name
United States New York City 21 Club
United Kingdom Oxfordshire The Restaurant at Le Manoir aux Quat’Saisons
London The Lalee
Portugal Madeira William Restaurant
Italy Venice Oro Restaurant
Taormina Otto Geleng Restaurant
Florence La Loggia
Spain Deia El Olivo
Brazil Rio de Janeiro Mee
Rio de Janeiro Ristorante Hotel Cipriani

Notes and references

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Notes

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  1. ^ a b c All Cusco and Macchu Picchu Hotels are a 50% Joint Venture with Peruvian shareholding company Peru Hotel Macchu Picchu SA (Peru Belmond Hotels SA)
  2. ^ (since May 2017) In 50% partnership with the Peruvian shareholder company Peruvian Trains and Railways SA
  3. ^ Belmond has a 50% interest in PeruRail.

References

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  • Official website
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