Belmond Ltd. (BEL) Tops Q3 EPS by 3c; RevPAR Rose 12%
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Belmond Ltd. Reports Third Quarter 2016 Results
November 2, 2016 5:13 PM EDTNet earnings attributable to Belmond Ltd. of $22.9 million, a $12.9 million increase over the prior-year quarter; adjusted net earnings from continuing operations of $23.3 million, an $8.7 million increase Total revenue (1) of $183.7 million, up $15.3 million or 9% over the prior-year quarter; up $16.9 million or 10% on a constant currency basis Same store revenue per available room (RevPAR) up 12% from the prior-year quarter; up 10% on a constant currency basis Total adjusted EBITDA of $65.7 million, up $13.8 million or 27% from the prior-year quarter; up $13.0 million or 25% on a constant currency basis... More