Fair value measurements (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Schedule of assets and liabilities by fair value hierarchy

The following tables summarize the valuation of Belmond’s assets and liabilities by the fair value hierarchy at December 31, 2018 and 2017:

	Level 1	Level 2		Level 3		Total
December 31, 2018	$'000	$'000		$'000		$'000
Assets at fair value:
Derivative financial instruments	—	3,253		—		3,253
Total assets	—	3,253		—		3,253
Liabilities at fair value:
Derivative financial instruments	—	(1,498	)	(13,000	)	(14,498	)
Total net liabilities	—	1,755		(13,000	)	(11,245	)

	Level 1	Level 2		Level 3	Total
December 31, 2017	$'000	$'000		$'000	$'000
Assets at fair value:
Derivative financial instruments	—	1,348		—	1,348
Total assets	—	1,348		—	1,348
Liabilities at fair value:
Derivative financial instruments	—	(430	)	—	(430	)
Total net assets	—	918		—	918

Schedule of fair value, liabilities measured on recurring basis, unobservable input reconciliation

Changes in Level 3 liabilities measured at fair value on a recurring basis for the year ended December 31, 2018

	January 1, 2018	Fair Value as at July 6, 2018		Realized and Unrealized Gains/(Losses) in Earnings (1)		December 31, 2018
Liabilities	$’000	$’000		$’000		$’000
Contractual liabilities	—	(10,117	)	(2,883	)	(13,000	)
(1) Movement in the period is due to the Company entering into the Merger Agreement dated December 13, 2018 with LVMH, Holding, and Merger Sub, pursuant to which LVMH will acquire the Company. See Note 1.

Schedule of estimated carrying values, fair values, and levels of the fair value hierarchy of long-term debt

The estimated carrying values, fair values, and levels of the fair value hierarchy of Belmond's long-term debt as of December 31, 2018 and 2017 were as follows:

		December 31, 2018		December 31, 2017
		Carrying amounts $’000	Fair value $’000	Carrying amounts $’000	Fair value $’000
Total long-term debt, before deduction of discount on secured term loan and debt issuance costs, excluding obligations under capital leases	Level 3	773,548	768,850	724,208	728,994

Schedule of estimated fair values of non-financial assets measured on a non-recurring basis

The estimated fair values of Belmond’s non-financial assets measured on a non-recurring basis for the years ended December 31, 2018, 2017 and 2016 were as follows:

		Fair value measurement inputs
	Fair value $’000	Level 1 $’000	Level 2 $’000	Level 3 $’000	Total lossesin yearendedDecember 31,2018 $’000
Property, plant and equipment	—	—	—	—	(4,775	)
Goodwill	—	—	—	—	(4,719	)
Other intangible assets	—	—	—	—	(156	)

		Fair value measurement inputs
	Fair value $’000	Level 1 $’000	Level 2 $’000	Level 3 $’000	Total lossesin yearendedDecember 31,2017 $’000
Property, plant and equipment	5,955	—	—	5,955	(8,216	)
Goodwill	—	—	—	—	(5,500	)

		Fair value measurement inputs
	Fair value $’000	Level 1 $’000	Level 2 $’000	Level 3 $’000	Total lossesin yearendedDecember 31,2016 $’000
Property, plant and equipment	—	—	—	—	(1,007	)