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Belmond Ltd (BEL.N)

BEL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Belmond Reports Q4 Shr Loss of $0.29
Monday, 26 Feb 2018 06:16pm EST 

Feb 26 (Reuters) - Belmond Ltd ::. REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 ADJUSTED LOSS PER SHARE $0.06 FROM CONTINUING OPERATIONS.Q4 LOSS PER SHARE $0.29.Q4 REVENUE $117.3 MILLION.SEES Q1 2018 ‍SAME STORE WORLDWIDE OWNED HOTEL REVPAR GROWTH ON A CONSTANT CURRENCY BASIS OF 2% TO 6%​.SEES Q1 2018 ‍SAME STORE WORLDWIDE OWNED HOTEL REVPAR GROWTH IN U.S. DOLLARS OF 5% TO 9%​.SEES 2018 ‍SAME STORE WORLDWIDE OWNED HOTEL REVPAR GROWTH IN U.S. DOLLARS OF 7% TO 11%​.  Full Article

Belmond Ltd. reports third quarter 2017 results
Monday, 6 Nov 2017 05:00pm EST 

Nov 6 (Reuters) - Belmond Ltd :Belmond Ltd. reports third quarter 2017 results.Q3 adjusted earnings per share $0.15 from continuing operations.Q3 earnings per share $0.08.Q3 revenue $183 million versus I/B/E/S view $182.5 million.Q3 earnings per share view $0.17 -- Thomson Reuters I/B/E/S.Belmond Ltd - qtrly ‍same store revenue per available room down 1 percent from prior-year quarter​.  Full Article

Belmond Ltd Q2 loss per share $0.05
Monday, 7 Aug 2017 05:00pm EDT 

Aug 7 (Reuters) - Belmond Ltd :Belmond Ltd reports second quarter 2017 results.Q2 adjusted earnings per share $0.19 from continuing operations.Q2 loss per share $0.05.Q2 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.Q2 revenue $165.9 million versus I/B/E/S view $168.5 million.Belmond Ltd qtrly ‍same store revenue per available room up 9% over prior-year quarter; up 8% on a constant currency basis​.Belmond Ltd - ‍maintains full year 2017 same store, constant currency revpar guidance​.Belmond Ltd - ‍expect that strong demand we have seen for Europe and North America should continue into Q3​.Belmond Ltd - ‍looking ahead, we are maintaining our guidance for full year 2017 same store, constant currency RevPAR growth of between 1% and 5%​.Belmond Ltd - ‍in Q2 of 2017, company recorded an $8.2 million impairment charge relating to property, plant and equipment​.  Full Article

Belmond says amends, restates existing senior secured credit facility
Thursday, 6 Jul 2017 05:43pm EDT 

July 6 (Reuters) - Belmond Ltd ::Belmond says on July 3, amended and restated its existing senior secured credit facility that had been entered into on March 21, 2014 - SEC filing.Belmond Ltd - A&R credit agreement increases principal borrowed under credit facility through an increase in the term loan under the credit facility.Belmond - credit facility under a&r credit agreement consists of 603.4 million seven-year term loan, $100 million 5-year, multi-currency revolving credit facility.Belmond Ltd - term loan consists of a $400 million U.S. Dollar-Denominated tranche and a €179 million Euro-denominated tranche.Belmond - co entered into amended and restated credit facility ( 'A&R credit agreement') with its wholly-owned subsidiary belmond Interfin Ltd, others.Belmond Ltd - interest on the U.S. Dollar-Denominated tranche of the term loan will be calculated at libor plus a 2.75% margin.Belmond Ltd - interest on the Euro-denominated tranche will be calculated at euribor plus a 3.00% margin.Belmond Ltd - intends to utilize majority of balance of proceeds for future capital needs related to the company’s 2020 strategic growth plan.  Full Article

Belmond announces acquisition of Cap Juluca in Anguilla
Monday, 22 May 2017 08:38am EDT 

May 22 (Reuters) - Belmond Ltd : :Belmond announces acquisition of cap juluca in anguilla.Belmond Ltd - deal for approximately $84.6 million.Belmond -deal initially expected to be financed using cash on hand and $45.0 million of borrowings under co's previously undrawn $105.0 million revolving credit facility.Belmond Ltd says anticipates that Cap Juluca will generate adjusted EBITDA of between $12 million and $14 million following renovation and expansion.  Full Article

Belmond Ltd Q1 loss per share $0.18
Monday, 8 May 2017 05:00pm EDT 

May 8 (Reuters) - Belmond Ltd ::Belmond ltd. Reports first quarter 2017 results.Q1 adjusted loss per share $0.16 from continuing operations.Q1 loss per share $0.18.Q1 revenue $95.4 million versus i/b/e/s view $94.3 million.Q1 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S.Belmond ltd says "we are maintaining our guidance for 2017 same store, constant currency revpar growth of between 1% and 5%".  Full Article

Belmond repots Q4 revenue of $114.2 million
Monday, 27 Feb 2017 05:01pm EST 

Belmond Ltd : Belmond Ltd. Reports fourth quarter and full year 2016 results . Q4 adjusted earnings per share $0.01 from continuing operations . Q4 earnings per share $0.07 . Q4 revenue $114.2 million versus I/B/E/S view $124.6 million . Q4 earnings per share view $0.06 -- Thomson Reuters I/B/E/S . Belmond Ltd - Expect that co's Brazilian Hotels will continue to face difficulties associated with country's fragile economic environment . Belmond Ltd - Same store revpar for owned hotels for Q4 of 2016 decreased 7% over prior-year quarter on a constant currency basis . Belmond Ltd - Sees FY same store worldwide owned hotel revpar growth guidance on a constant currency basis of 1% - 5% .On a constant currency basis, sees Q1 2017 revpar growth guidance of down 11% to down 7%.  Full Article

Belmond ltd Q2 earnings per share $0.08
Wednesday, 3 Aug 2016 05:00pm EDT 

Belmond Ltd : Q2 adjusted earnings per share $0.04 from continuing operations . Q2 revenue $158.1 million versus i/b/e/s view $163.3 million . Belmond ltd. Reports second quarter 2016 results . Q2 earnings per share $0.08 . Q2 earnings per share view $0.09 -- Thomson Reuters I/B/E/S . Sees fy same store worldwide owned hotel revpar growth guidance on a constant currency basis 3% - 7% . Sees fy same store worldwide owned hotel revpar growth guidance on a constant currency basis 7% - 11% .Qtrly same store revenue per available room ("revpar") down 4% from prior-year quarter; down 1% on a constant currency basis.  Full Article

Belmond Q2 earnings per share $0.08
Wednesday, 3 Aug 2016 05:00pm EDT 

Belmond LTD : Belmond LTD. reports second quarter 2016 results . Q2 adjusted earnings per share $0.04 from continuing operations . Q2 earnings per share $0.08 . Q2 revenue $158.1 million versus I/B/E/S view $163.3 million . Q2 earnings per share view $0.09 -- Thomson Reuters I/B/E/S . Sees FY same store worldwide owned hotel revpar growth guidance on a constant currency basis 3% - 7% . Sees Q3 same store worldwide owned hotel revpar growth guidance on a constant currency basis 7% - 11% .Qtrly same store revenue per available room ("REVPAR") down 4% from prior-year quarter; down 1% on a constant currency basis.  Full Article