Ritz-Carlton Ultra-Luxury Cruise Brand Seeks up to $400 Million to Add Ships: Report

Key Points

• The Ritz-Carlton Yacht Collection seeks up to $400 million to expand its fleet with two additional superyachts.
• The brand's first ship, Evrima, launched in October 2022, with Ilma debuting this year and Luminara planned for 2025.
• Cruise fares start around $3,100 per person per night, featuring Michelin-starred dining and itineraries in the Mediterranean, Caribbean, and Central America.

Summary

The Ritz-Carlton Yacht Collection, backed by investors like Oaktree Capital Management, is looking to raise up to $400 million to add two superyachts to its fleet, which currently includes the Evrima, Ilma, and the upcoming Luminara. With fares starting at $3,100 per person per night, the yachts offer luxurious experiences with Michelin-starred dining and itineraries across the Mediterranean, Caribbean, and Central America.