Belmond Names Roeland Vos President And CEO; Backs Q3, FY15 View - Quick Facts

(RTTNews) - Belmond Ltd. (BEL), formerly Orient-Express Hotels Ltd., announced Monday that the Company's Board of Directors has named Board member Roeland Vos as the new President and Chief Executive Officer, effective immediately.

Vos succeeds John Scott, who has resigned by mutual agreement with the Board and has also stepped down from the Board. Vos will remain on the Board of Directors.

Further, the luxury hotel company and adventure travel operator reaffirmed its previous guidance for the third quarter and full year 2015, with the sole exception of central costs related to Scott's departure.

Roland Hernandez, Chairman of the Board of Directors, said, "Roeland has more than 30 years of hospitality experience, including 12 years as the president of the Europe, Africa and Middle East division of Starwood Hotels & Resorts Worldwide, where he increased the number of Starwood's hotels in the region from 127 to 243, grew revenues to over $4 billion and managed a key region with approximately 45,000 employees."

Scott has led Belmond through a period of significant progress over the past three years, including rationalizing portfolio, reducing costs, and developing growth strategy.

In addition to serving on the Board of Belmond, Vos is on the boards of the Joa Group, a private company that operates 21 casinos in France, and Albron B.V., a Dutch foundation that operates catering and restaurant businesses in the Netherlands and Belgium.

Vos joined ITT Sheraton, a predecessor of Starwood, in 1982 and held progressively senior hotel operating and management positions.