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Previous: ORIENT EXPRESS HOTELS LTD, S-1/A, EX-23.1, 2000-07-03 |
Next: MANDALAY VENTURES LTD, SB-2, 2000-07-03 |
<PAGE>
EXHIBIT 99
COMPUTATION OF COMPOUND ANNUAL GROWTH RATES
<TABLE>
<CAPTION>
Rooms Revenue $m 1999 1998 1997 1996 1995 CAGR%
----------------- ---- ---- ---- ---- ---- -----
<S> <C> <C> <C> <C> <C> <C>
All hotels ($ currency)............... 110.6 101.6 86.6 71.4 53.5 20%
Comparative hotels
($ currency).......................... 72.5 71.3 65.6 58.3 50.8 9%
All hotels (local currency)........... 110.6 92.8 76.3 59.8 45.1 25%
Comparative hotels (local currency)...
72.5 63.6 56.1 48.3 42.4 14%
</TABLE>
Note: The local currency referred to above is each of the local currencies
converted at the 1999 U.S. dollar exchange rate for the years 1995 through 1999.
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