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ap

Orient-Express Hotels sells New Orleans property

Orient-Express Hotels sells Windsor Court Hotel to Berger Co. for $44.3 million

  • On 10:52 am EDT, Monday October 5, 2009

HAMILTON, Bermuda (AP) -- Orient-Express Hotels Ltd. said Monday it is selling a New Orleans property, the Windsor Court Hotel, to The Berger Co. for around $44.3 million.

Orient-Express owns or partially owns and manages 50 luxury hotels, restaurants, tourist trains and river cruise properties in 25 countries.

Shares of Orient-Express gained rose 34 cents, or 3.4 percent, to $10.49 in afternoon trading.

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