Orient-Express Hotels has sold its 49% stake in Harry's Bar to its partner in the group Mark Birley, it was announced today.
Birley, also owner of Annabel's Group, bought Orient- Express's London interest in the group for $9.5m (£5.1m).
A joint statement said that the personal nature of the business meant Orient-Express felt that "ultimate ownership would be more appropriate in the hands of the Birley family than in Orient-Express hotels."
The company added negotiations had been amicable and marked the end of a long and profitable relationship.
Harry's Bar was established as a fine-dining private club in 1979, and quickly established a reputation for its north Italian food, as well as its exclusivity.
By Matthew Batham