Jefferies Comments On Orient-Express Hotels Investor Meeting

According to Jefferies, Orient-Express Hotels OEH hosted an investor meeting with senior management of OEH including CEO Paul White and new Chairman Bob Lovejoy. Jefferies reported that there is increasing clarity in management's branding and distribution strategy, strong embedded asset value and leverage to a recovery, and it remains conservative on the trajectory of the recovery. “We maintain our view that the shares currently reflect an optimistic outlook in 2011-12.” Orient-Express Hotels closed yesterday at $11.33.