economy

A new wave of $5mn-a-condo cruise ships hopes to turn the tide

Residential liner The World launched almost 25 years ago. After decades of development, no ultra-luxe vessel hoping to emulate its success has made it to the water — yet

A new wave of $5mn-a-condo cruise ships hopes to turn the tide

TL;DR

  • The World, a residential liner, launched almost 25 years ago.
  • No other ultra-luxe vessels emulating its success have launched after decades of development.
  • A new generation of such vessels is expected.