HAMILTON, BERMUDA Orient-Express Hotels Ltd. reported that in the first quarter ended March 31, 2001, net earnings on common shares were $4.9 million, up 26% from $3.9 million last year. Earnings per common share were $0.16. Revenue was up 7% to $57.9 million.
EBITDA at owned European hotels saw a loss of $0.1 million, an improvement of $0.2 million over the same prior year period. At owned North American hotels, EBITDA was $7.3 million, down $0.3 million from last year. EBITDA at owned Southern Africa hotels was $1.7 million, the same as the prior year period. (5/10/01)