UPDATE 1-Orient-Express Hotels posts wider Q1 loss

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May 7 (Reuters) - Orient-Express Hotels Ltd (OEH.N: Quote, Profile, Research) posted a wider first-quarter net loss as several of its European hotels were closed and tourist trains and cruises did not operate for most of the "traditionally loss-making" period.

The owner of Rio de Janeiro's famed Copacabana Palace Hotel reported a quarterly net loss of $4.3 million, or 10 cents a share, compared with a loss of $3.7 million, or 9 cents a share, a year ago.

The company, which operates and has stakes in more than 50 luxury hotels and restaurants, said loss from continued operations was 6 cents a share, while adjusted loss from continuing operations was 9 cents a share.

Revenue rose 23 percent to $119.9 million as same-store revenue per available room (RevPAR) growth of owned hotels increased 14 percent.

Analysts on average expected the company to post a loss of 7 cents a share, before exceptional items, on revenue of $117.1 million, according to Reuters Estimates. (Reporting by Dilipp S. Nag in Bangalore; Editing by Vinu Pilakkott)