All articles tagged with #residential cruise ship
Sharon Lane, a 77-year-old Californian, has purchased a cabin on the Villa Vie Odyssey, a residential cruise ship, and plans to live on it for the next 15 years, circumnavigating the globe and enjoying a community of like-minded travelers, with amenities and destinations that make this a unique long-term living experience at sea.
Storylines, a startup founded in 2016, is facing backlash from investors and ex-employees over doubts about the construction of its residential cruise ship, the MV Narrative. The ship, which promises a luxurious and sustainable lifestyle at sea, has been plagued by delays and unfulfilled promises. Former employees and investors have accused the founders of breaking contracts and lacking credibility. Despite the skepticism, some buyers have put down nonrefundable down payments, hoping to live out their days on the ship. However, the track record of residential cruise ship projects is not promising, with many previous attempts failing.
Villa Vie Residences plans to launch a residential cruise ship in May 2024, offering cabins starting at $100,000. The ship will circumnavigate the world every 3.5 years, stopping at 425 ports in 147 countries. This new venture aims to compete with existing luxury residential cruise ships like The World, which sells condos annually starting at $2 million. Other companies in the condominium-at-sea market have faced delays and setbacks, but Villa Vie Residences is confident in closing on a ship by the end of this year.