Orient-Express Hotels Ltd. Announces Board of Director Nominees
Roeland Vos Nominated to Board; Georg Rafael to Retire at AGM
Company Proposes Changing Corporate Legal Name to Belmond Ltd.
HAMILTON, Bermuda--(BUSINESS WIRE)--
Orient-Express Hotels Ltd. (NYSE: OEH) (the “Company”) today announced
the nomination of eight directors for election to the Company’s board of
directors at its 2014 annual general meeting of shareholders (“AGM”),
including a new independent director nominee, Roeland Vos, 56, a
seasoned business executive with diverse board and luxury hospitality
operations experience. Furthermore, the Company will propose to
shareholders changing the name of its corporate entity from
Orient-Express Hotels Ltd. to Belmond Ltd. at the AGM, to be held on
June 30, 2014.
Mr. Vos will stand for election at the AGM along with current directors,
Harsha V. Agadi, John D. Campbell, chairman Roland Hernandez, Mitchell
C. Hochberg, Ruth A. Kennedy, Prudence M. Leith and president and chief
executive officer John M. Scott. As previously announced, director and
vice-chairman Georg R. Rafael will retire from the board upon the
expiration of his term at the 2014 AGM.
“Roeland’s nomination continues our objective of board renewal, and he
both complements and strengthens our already talented board of
directors, ensuring we have the skills necessary to continue growing our
business. He brings a wealth of experience, not only in luxury hotel
operations, but also in the development and establishment of new brands,
along with expertise in the third party management field,” said Roland
Hernandez, chairman, Orient-Express Hotels Ltd.
Mr. Vos said, “I am pleased with this great opportunity to serve on the
board of one of the world’s leading luxury travel collections,
particularly at this unique moment in the Company’s history as it
migrates to the recently announced Belmond brand. I look forward to
working alongside my fellow directors as well as John Scott and his team
to deliver growth and value for investors as we embark on this new
chapter in the Company’s journey.”
Mr. Vos served as president of the Europe, Africa and Middle East
division of Starwood Hotels and Resorts Worldwide Inc. from 2001 to June
2013. He currently acts as an independent consultant to that division
and as the independent vice-chairman of the Supervisory Board of Design
Hotels AG, a hotel marketing company listed on the Munich stock exchange.
Mr. Vos joined ITT Sheraton, a predecessor of Starwood, in 1982 and held
progressive hotel operating and management positions throughout his
career, including president, Europe, and senior vice president and area
director, Italy and Malta. During his 12 years as president of Europe,
Africa and Middle East, the division grew from 127 properties in the
region to 243 spread over 60 countries, with another 64 hotels and
resorts in the development pipeline.
Commenting on Mr. Rafael’s retirement, John Scott, president and chief
executive officer, said, “Georg is one of the most respected hoteliers
in the industry and, on behalf of the board and management team, I would
like to extend our thanks for the significant contribution he has made
to the development and evolution of the Company during his 12-year
Following the well-received launch of its new brand name, Belmond, in
March 2014, the Company will seek approval from shareholders at the AGM
to amend its legal name to Belmond Ltd. in order to align the Company's
corporate identity with that of its primary luxury brand. If the name
change is approved, the Company intends to change the trading symbol of
its class A common shares listed on the New York Stock Exchange from OEH
to BEL on July 28, 2014.
About Orient-Express Hotels Ltd.
Owned and operated by Orient-Express Hotels Ltd., Belmond belmond.com
is a global collection of exceptional hotel and luxury travel adventures
in some of the world’s most inspiring and enriching destinations.
Established almost 40 years ago with the acquisition of Belmond Hotel
Cipriani in Venice, its unique and distinctive portfolio now embraces 45
hotel, rail and river cruise experiences in many of the world’s most
celebrated destinations. From city landmarks to intimate resorts, the
collection includes Belmond Grand Hotel Europe, St. Petersburg; Belmond
Copacabana Palace, Rio de Janeiro; Belmond Maroma Resort and Spa,
Riviera Maya; and Belmond El Encanto, Santa Barbara. Belmond also
encompasses safaris, six luxury tourist trains, including the Venice
Simplon-Orient-Express, and three river cruises. Orient-Express Hotels
Ltd. also operates ‘21’, one of New York’s most storied restaurants.
Orient-Express is a trademark of SNCF. Further information on the
Company can be found at orient-expresshotelsltd.com.
Orient-Express Hotels Ltd.
Chief Financial Officer
Tel: +44 20 3117 1333
Director, Corporate Communications
Tel: +44 20 3117 1380
Source: Orient-Express Hotels Ltd.