- Same store revenue per available room (“RevPAR”) of $244 down 7% in U.S. dollars as compared to the fourth quarter of 2013
- Total revenue of $126.9 million down 8% from the prior-year quarter
- Total adjusted EBITDA of $21.6 million up 1% over the prior-year quarter
Excluding the impact of currency movements, Belmond brand costs and Inn at Perry Cabin, which the Company sold in March 2014:
- RevPAR up 7% as compared to the prior-year quarter
- Total revenue up $2.5 million or 2% over the prior-year quarter
- Adjusted EBITDA up $5.0 million or 24% over the prior-year quarter
Full Year 2014 Highlights
- Same store RevPAR of $313 consistent with 2013 RevPAR in U.S. dollars
- Total revenue of $594.5 million down 1% from the prior year
- Total adjusted EBITDA of $117.7 million down 2% from the prior year
- Excluding the impact of currency movements; Belmond brand costs; Inn at Perry Cabin; Belmond Grand Hotel Europe, which was negatively impacted by the economic situation in Russia; and Belmond Miraflores Park, which was closed for several months for planned renovation:
- RevPAR up 6% over the prior year
- Total revenue up $27.3 million or 5% over the prior year
- Adjusted EBITDA up $17.1 million or 17% over the prior year
