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Orient-Express Hotels Enters Agreement to Sell
The Observatory Hotel in Sydney, Australia

HAMILTON, Bermuda, June 13, 2012-- Orient-Express Hotels Ltd. (NYSE:OEH,, owners or part-owners and managers of 46 luxury hotel, restaurant, tourist train and river cruise properties operating in 23 countries, today announced that it has entered into an agreement to sell The Observatory Hotel, Sydney, to an international luxury hotel group. Orient-Express will continue to operate the hotel until the transaction closes, which is expected to be on August 8, 2012.

"It is a key objective of the Company's previously stated long term strategy to optimize its global portfolio for the purpose of reinvesting capital and improving its balance sheet. We are pleased to have made such positive progress in this strategy over the first two quarters of 2012," commented Philip Mengel, Interim Chief Executive Officer, Orient-Express Hotels Ltd.

"Orient-Express believes in the long term potential of The Observatory Hotel, but it was not core to the Company's continuing business strategy. It will be acquired by a world class company that we are confident will make for a successful owner and employer that is committed to the hotel and its future."

About Orient-Express Hotels Ltd.
Orient-Express Hotels Ltd., listed on the New York Stock Exchange, ticker OEH, engages in the hotel, tourist train, restaurant and cruise ship business. Orient-Express Hotels owns all or part of and manages 46 famous properties in 23 countries, including the Hotel Cipriani in Venice, the Copacabana Palace in Rio de Janeiro and the Mount Nelson Hotel in Cape Town. In addition, it owns the Venice Simplon-Orient-Express and Eastern & Oriental Express tourist trains, '21' Club in New York City and the "Road To Mandalay" cruise ship in Burma..


Martin O'Grady
Vice President, Chief Financial Officer
Tel: +44-20-3117-1333

Vicky Legg
Director, Corporate Communications
Tel: +44-20-3117-1380

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Also See: Philip Mengel Named Interim CEO of Orient-Express Hotels while Search Continues for Permanent CEO; Bob Lovejoy to Remain Chairman of the Board / May 2012

Orient-Express Hotels Appoints Kristyn Brinker as National Sales Manager for the 435-room Charleston Place Hotel in South Carolina / May 2012

Orient-Express Hotels Appoints Stephanie Mehail as General Manager of The 78-room Inn at Perry Cabin in St. Michaels, Maryland / April 2012

Orient-Express Hotels Appoints Richard M. Levine as Chief Legal Officer / February 2012

Orient-Express Appoints Ali Kasikci as Regional Managing Director for North America, Mexico & the Caribbean / December 2011

Paul White Resigns as CEO of Orient-Express Hotels; Chairman Bob Lovejoy Named Interim CEO / July 2011

Orient-Express Hotels Appoints Bob Lovejoy as Chairman of the Board and Names Two New Directors to its Eight Member Board / June 2011

Chairman James Hurlock and Founder James Sherwood to Retire From Orient-Express Board Of Directors; Director Bob Lovejoy Expected to Become Chairman / March 2011

Orient-Express Hotels Ltd Appoints Roy Paul as Chief Development Officer / January 2011

Raymond Blanc Appointed Vice President, Orient-Express Hotels Ltd / December 2010
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