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EXHIBIT 21
SUBSIDIARIES OF REGISTRANT
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STATE OF % OF OWNERSHIP IF LESS
SUBSIDIARY INCORPORATION THAN 100%
-------------------------------------------------------- ------------------- ----------------------
<S> <C> <C>
Alberghiera Fiesolana S.p.A ............................ Italy
Byblos S.r.l. ...................................... Italy
Baie Longue Investissements S.A. ....................... France
Societe Hoteliere de Baie Longue S.A. .................. French W.I.
80 Westcliff (Pty) Ltd. ................................ South Africa
Grampiam Investimentos Hoteleiro S.A. .................. Portugal
Hotel Cipriani S.p.A.................................... Italy
Hotelapa Investimento Hoteleiro S.A. ................... Portugal
Lilianfels Hotel Pty Ltd. .............................. Australia
Observatory Hotel Pty Ltd. ............................. Australia
OEH Peru Ltd. .......................................... Bermuda
Orient-Express Hotels Inc. ............................. Delaware
Orient-Express Properties, Inc.......................... Delaware
Windsor Court Hotel Inc.............................. Delaware
Windsor Court Hotel L.P......................... Delaware 5%
'21' Club Properties Inc............................. Delaware
'21' Club Inc................................... New York
Hotel Cipriani Inc................................... Delaware
Europa Leisure and Health Tours Ltd............. U.K.
Harry's Bar Ltd............................. U.K. 49%
Mountbay Holdings Inc................................ Delaware
Inn at Perry Cabin Corp......................... Maryland
Keswick Hall Inc. .............................. Virginia
Keswick Corporation............................. Virginia
Keswick Utilities Inc....................... Virginia
Orient-Express Bahamas Properties Inc................ Delaware
Orient Express Services Inc.......................... Delaware
Venice Simplon-Orient-Express Inc.................... Delaware
Orient-Express Hotels Louisiana Inc.................. Delaware
Charleston Place Holdings Inc........................ Delaware
Charleston Center LLC........................... Delaware 19.9%
Eastern & Oriental Express Ltd....................... Bermuda 25%
E&O Services Singapore Pte., Ltd................ Singapore
E&O Services Thailand Co., Ltd.................. Thailand
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<TABLE>
<CAPTION>
STATE OF % OF OWNERSHIP IF LESS
SUBSIDIARY INCORPORATION THAN 100%
-------------------------------------------------------- ------------------- ----------------------
<S> <C> <C>
Etablissement Vanderelst............................. Liechtenstein 46.7%
Orient-Express Hotels Pacific Ltd.................... Hong Kong
Orient-Express Hotels Asia Ltd.................. Hong Kong
Orient-Express Holdings Ltd..................... U.K.
Venice Simplon-Orient Express Ltd. U.K. 36%
Sea Containers Pacific Inc.................... Delaware
Orient-Express Hotels Ltd............... Japan
Venice Simplon-Orient-Express
Deutschland G.m.b.H. ................................ Germany
Venice Simplon-Orient-Express
Servizi S.r.l. ...................................... Italy
Venice Simplon-Orient-Express
Voyages S.A. ........................................ France
Reid's Hoteis Lda. ..................................... Portugal
Island Hotel (Madeira) Ltd. ......................... United Kingdom
Societa Gestione Esercizi S.p.A. ....................... Italy
Societe de la Cite S.A. ................................ France
Companhia Hoteis Palace................................. Brazil 93.2%
Windsor Court New Orleans Properties Ltd................ Bermuda
Windsor Great Park Inc............................... Delaware
Windsor Court Hotel L.P.............................. Delaware 95%
Leisure Holdings Asia Ltd............................... Bermuda
Myanmar Hotels and Cruises Ltd....................... Myanmar
Vessel Holdings 2 Ltd................................... Bermuda
Sea Containers Peru Rail Ltd............................ Bermuda
Sea Containers Peru Holdings S.A..................... Peru
Meviasur SAC......................................... Peru 50%
PeruRail SA............................................. Peru 50%
Orient-Express Hotels UK Ltd............................ U.K.
Air Xaxaba (Pty) Ltd................................. Botswana
Exclusive Destinations (Pty) Ltd..................... South Africa
Orient Express Hotels Botswana Ltd................... Bermuda
Signature Boutique Ltda.............................. Brazil
Xaxaba Camp (Pty) Ltd................................ Botswana
Game Viewers (Pty) Ltd............................... Botswana
Game Trackers (Botswana) (Pty) Ltd.............. Botswana
Reids Hotel Madeira Limited..................... U.K.
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<CAPTION>
STATE OF % OF OWNERSHIP IF LESS
SUBSIDIARY INCORPORATION THAN 100%
-------------------------------------------------------- ------------------- ----------------------
<S> <C> <C>
Regency Rail Cruises Ltd. ...................... U.K.
Horatio Properties Ltd.......................... U.K.
Blejan Investments (Pty) Limited ........... South Africa
Egerland Investments (Pty) Ltd. ............ South Africa
Fraser Helmsley Properties South Africa
(Pty)Ltd. .................................
Helmsley Motor Inn (Pty) Ltd. .............. South Africa
Mount Nelson Hotel Ltd. .................... U.K.
Mount Nelson Commercial Properties (Pty) Ltd. South Africa
Mount Nelson Residential Properties (Pty) Ltd. South Africa
Collection Venice Simplon-Orient-Express
Ltd................................................... U.K.
Orient-Express Ltd...................................... U.K.
Orient-Express Services Ltd............................. U.K.
Venice Simplon-Orient-Express Tours Ltd................. U.K.
Sea Containers House Ltd................................ Bermuda
The Marine Insurance Co. Ltd............................ Bermuda
Sea Containers Asia Ltd................................. Hong Kong
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