Goodwill (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in carrying amount of goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2012 and 2011 are as follows:

	Hotels & Restaurants		Trains & Cruises	Total
Year ended December 31, 2012	$'000		$'000	$'000
Balance as of January 1, 2012	153,605		7,855	161,460
Impairment	(2,055	)	—	(2,055	)
Foreign currency translation adjustment	1,737		136	1,873
Balance as at December 31, 2012	153,287		7,991	161,278

	Hotels & Restaurants		Trains & Cruises		Total
Year ended December 31, 2011	$'000		$'000		$'000
Balance as of January 1, 2011	168,982		7,888		176,870
Impairment	(11,907	)	—		(11,907	)
Foreign currency translation adjustment	(3,470	)	(33	)	(3,503	)
Balance as at December 31, 2011	153,605		7,855		161,460

Schedule of non-cash goodwill impairments charges

During the year ended December 31, 2012, OEH identified a non-cash goodwill impairment of $2,055,000 at Reid's Palace. Management’s estimates considered future profitability of the business, future growth rates and the related discount rates.  OEH determined this impairment was triggered due to performance that required a reassessment.

Year ended December 31, 2012	$’000
Reid's Palace	2,055
	2,055

During the year ended December 31, 2011, OEH identified non-cash goodwill impairments of $11,907,000 at three hotels. Management’s estimates considered future profitability of the businesses, future growth rates and the related discount rates.  OEH determined these impairments were triggered in each case due to performance that required a reassessment.  The impairment loss consisted of the following:

Year ended December 31, 2011	$’000
Maroma Resort and Spa	7,904
La Residencia	2,779
Mount Nelson Hotel	1,224
	11,907

During the year ended December 31, 2010, OEH identified non-cash goodwill impairments of $5,895,000 at two hotels. Management’s estimates considered future profitability of the businesses, future growth rates and the related discount rates.  OEH determined these impairments were triggered in each case due to performance that required a reassessment.  There was no goodwill impairments recorded as part of OEH’s annual impairment analysis.  The impairment loss consisted of the following:

Year ended December 31, 2010	$’000
La Samanna	5,401
Napasai	494
	5,895