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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549



FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 3, 2004

ORIENT-EXPRESS HOTELS LTD.
(Exact name of registrant as specified in its charter)

Bermuda
(State or other jurisdiction
of incorporation)
  001-16017
(Commission File Number)
  98-0223493
(I.R.S. Employer
Identification No.)


22 VICTORIA STREET
P.O. BOX HM 1179
HAMILTON HMEX, BERMUDA
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code:
441-295-2244

Not Applicable
(Former name or former address, if changed since last report)





ITEM 7.    Financial Statements, Pro Forma Financial Information and Exhibits


(c)    Exhibits

99
Excerpts from 2003 annual shareholders report


ITEM 12.    Results of Operations and Financial Condition

        Commencing on or about May 3, 2004, the registrant will publish and distribute to shareholders the 2003 annual shareholders report of the registrant. Relevant excerpts from the 2003 annual shareholders report are attached as an Exhibit to this Current Report and incorporated herein by reference, as follows:

        The information in this Current Report is bring furnished to the Commission.

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SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

    ORIENT-EXPRESS HOTELS LTD.

 

 

By:

/s/  
EDWIN S. HETHERINGTON      
Name: Edwin S. Hetherington
Title: Secretary

Date: April 30, 2004

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EXHIBIT INDEX

Exhibit Number
  Description
     
99   Excerpts from 2003 annual shareholders report

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SIGNATURES
EXHIBIT INDEX