BANGALORE (Reuters) - Bermuda-based Orient-Express Hotels Ltd. said a proxy advisory firm, Glass Lewis & Co, recommended that the company's stockholders vote against proposals by dissident shareholders to amend its voting structure at a special meeting on October 10.

Shareholders DE Shaw and SAC Capital had proposed that Orient-Express amend its by-laws to treat Class B shares as "treasury shares" under Bermuda law, which would result in Orient-Express Holdings 1 Ltd. - the owner of all Class B shares - losing its voting rights.

The shareholders also proposed that the company cancel its Class B shares.

According to Reuters Data, as of September 25, DE Shaw owns 7.6 percent stake in Orient-Express, which operates luxury hotels, restaurants, tourist trains and river cruise businesses.

The company's stock was up 25 cents at $21.06 in early morning trade on the New York Stock Exchange.