Orient-Express Hotels Reports Fourth Quarter 2011 Results Highlights
HAMILTON, Bermuda, February 23, 2012 /PRNewswire/ --  Fourth quarter total revenue, excluding real estate, up 10% to $135.9 million Fourth quarter revenue from owned hotels up 9% to $107.6 million Same store revenue per available room ("RevPAR") for the quarter up 11% in US dollars, up 15% in local currency Adjusted EBITDA before real estate for the fourth quarter up 31% to $21.2 million Fourth quarter adjusted net loss from continuing operations $9.1 million ($0.09 per common share) compared to a loss of $15.3 million ($0.16 per common share) in the fourth quarter of 2010 Sold excess development rights in New York, recording a gain of $16.0 million, and repaid associated debt of $4.5 million Completed the sal ...