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Income taxes
6 Months Ended
Jun. 30, 2015
Income Tax Disclosure [Abstract]  
Income taxes
Income taxes
 
In the three and six months ended June 30, 2015, the income tax provision was $16,338,000 (June 30, 2014 - $11,561,000) and $7,058,000 (June 30, 2014 - $1,319,000), respectively.

Although the disposal of the Hotel Ritz by Belmond in the three months ended June 30, 2015 does not give rise to a tax charge, it has the effect of increasing the current quarterly profit to which the annual effective tax rate is applied. This has the impact of increasing the tax expense in the three months ended June 30, 2015 by approximately $5,000,000 but, as the transaction does not give rise to a tax charge, this effect will be reversed over the remainder of 2015.