Orient-Express Hotels Ltd. swung to a fourth-quarter loss due to an impairment charge and other items, but adjusted results managed to top analysts' estimates.

The Bermuda-based owner and manager of hotels, restaurants and other properties reported a loss of $4.9 million, or 12 cents per share, compared with a profit of $6.7 million, or 16 cents per share, in the prior year.

Excluding an impairment charge related to a Bora Bora Lagoon Resort strategic review and other items, earnings from continuing operations climbed to $10.4 million, or 25 cents per share, from $9.2 million, or 22 cents per share.

Analysts polled by Thomson Financial expected net income of 19 cents per share. Estimates typically exclude one-time items.

Revenue for the period ended December 31 gained 12 percent to $151.2 million from $135.2 million in the prior year. Consensus estimates put sales at $143.1 million. Annual earnings dropped 16 percent to $33.6 million, or 79 cents per share.