Orient-Express Hotels (NYSE:OEH) is finding itself under heavy pressure from a major shareholder to sell the company, according to a Schedule 13D filing with the SEC. The hotel chain rejected the $60 per share offer but the investment group appears to have its heart set on the company.

Dubai Investments disclosed a 9.2 percent stake in Orient-Express along with a letter indicating that they have been aggressively acquiring shares in the hotel chain after another group - Indian Hotels Company - disclosed that it holds a large stake in the company and was interested in a deal.

Dubai Investments noted that if Indian Hotels attempted to pursue a deal they may counter with a higher offer to acquire Oriental-Express. This news pushed shares in the hotel chain past their 52-week highs yesterday, even amid news that HSBC had sold their 5 percent stake.

In the end, this is mixed news for Oriental-Express shareholders. Clearly, there are many parties that are interested in acquiring the company but management appears to be resistant having recently issuing a press release saying they were not interested in pursuing any deals. Combined, these factors make OEH a stock worth watching!

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