Join our Waitlist for Expert Advice!

Four Seasons Is Launching a Cruise Ship With 95 Suites as Demand for Luxury Cruising Goes 'Off the Charts' — Take a Look at the New Ship Hotel and hospitality companies like Ritz-Carlton and Margaritaville have also launched or are launching cruise brands.

By Brittany Chang

Four Seasons via Business Insider

This story originally appeared on Insider.

  • Luxury hospitality company Four Seasons has launched its new cruise venture: Four Seasons Yachts.
  • The cruise brand's first 14-deck 679-foot-long ship will set sail in late 2025.
  • Hotel and hospitality companies like Ritz-Carlton and Margaritaville have also launched or are launching cruise brands.

The cruise industry is about to become more luxurious: Hospitality company Four Seasons has launched its new cruise arm, aptly named Four Seasons Yachts.

Image Credit: Four Seasons via Business Insider

Despite ongoing fears of a recession, the luxury cruise market has been "off the charts" while pricing for 2023 cruises has shot up, UBS analysts said in an October 11 note.

But these eager high-paying travelers will still have to wait for a few more years before vacationing at sea aboard the floating Four Seasons hotel.

Image Credit: Four Seasons via Business Insider

The brand's first yacht-like cruise ship won't be setting sail until late 2025 with itineraries in the Mediterranean and the Caribbean.

Image Credit: Four Seasons via Business Insider

And until then, the future cruise liner will be under construction in Italy with well-known shipbuilding giant Fincantieri. The Italian shipbuilder is as experienced as they come. The company previously built vessels for popular cruise lines like Carnival, Norwegian, Disney, and MSC.

Image Credit: Four Seasons via Business Insider

And it could soon have multiple Four Seasons' cruise vessels under its belt: The luxury hospitality company's order also covers the option for two more ships, which could amount a total of $1.17 billion.

Image Credit: Four Seasons via Business Insider

Future projects aside, Four Seasons' upcoming 14-deck 679-foot-long ship will have 95 suites. And it wouldn't be a Four Seasons suite without luxurious amenities like expansive windows, tall ceilings, and a terrace.

These accommodations start at an average of 581 square feet including the outdoor space. Most of the suites will stand at 818 square feet, but this still pales in comparison to the largest four-level 9,600-square-foot accommodation with a private spa and pool.

Image Credit: Four Seasons via Business Insider

But this level of luxury won't be cheap: Each suite will cost $4.2 million to build. Four Seasons has yet to release full details about the vessel's onboard amenities. But so far we know the cruise ship will have 11 bars and restaurants, including a sushi bar, a marina with water toys, and a full Four Seasons-approved spa.

The hotel-to-cruise pipeline is surprisingly strong. In 2017, the equally luxurious Ritz-Carlton announced its eponymous "Yacht Collection" and its first cruise ship, the Evirma, although the ship has since been delayed several times amid COVID-19 and reports of budget issues.

And while not as opulent, hospitality giant Margaritaville — best known for its Jimmy Buffett-branded restaurants, hotels, and RV parks — has also debuted its own Margaritaville at Sea cruise line.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Solutions

Cut Costs, Not Features with This Microsoft Bundle Deal

You get Office, Windows, Project, and Visio for $72.

Business News

You Have One Month Left to Buy a House, According to Barbara Corcoran. Here's Why.

"If you are planning on waiting a year and seeing where interest rates go, you are out of your mind," Corcoran said.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Thought Leaders

These 3 Trends Will Change What It Means to Be an Entrepreneur in 2025

Here are three entrepreneurship trends from the new Global Entrepreneurship Monitor report that are changing the landscape for the future.

Business News

This New Restaurant Is Banking on One Dish — Because It's the Only Entrée on the Menu

The new hotspot is gaining buzz on social media for its innovative yet super simple concept.

Side Hustle

I Made $14,000 in 1 Week With a Spontaneous Halloween Costume Side Hustle — Here's How

Sabba Keynejad was in art school when he started to refine his entrepreneurial skills.