SAN FRANCISCO (Bloomberg) — Bermuda-registered Orient-Express Hotels Ltd., owner of its namesake train and New York’s 21 Club restaurant, will restate earnings for 2005 and the first three quarters of 2006 because of new accounting rules.

The company will add $628,000, or 2 cents a share, to 2006 profit because of deferred tax misstatements, Orient-Express said in a statement on PR Newswire. Spokesman Dean Andrews didn’t immediately return a call.

Orient-Express identified the issue while adopting a new accounting rule in the fourth quarter of 2006, according to the statement.