Villa Vie Residences
ON THE RECORD · 5 verbatim quotes · every quote source-verified
“unable to continue carrying the resulting operating losses.”
Villa Vie Residences · said 2026-10-27 · reported 2026-10-28
Villa Vie Residences announced in a statement that it suspended the voyage after fuel costs soared.
“The company is working with residents to coordinate disembarkation and identify temporary living arrangements.”
Villa Vie Residences · said 2026-10-27 · reported 2026-10-28
The company added that it was working with residents to coordinate disembarkation and find temporary living arrangements after suspending the voyage.
“Passing the full increase on to residents is not a realistic solution,”
Villa Vie Residences · said 2026-10-27 · reported 2026-10-28
The company said monthly fuel expenses per cabin had climbed from roughly $1,800 to as much as $8,000 in parts of Asia.
“We have been unable to continue carrying the resulting operating losses,”
Villa Vie Residences · said 2026-10-27 · reported 2026-10-28
Villa Vie Residences issued a statement explaining why it suspended the MV Odyssey's around-the-world voyage due to rising fuel costs.
“Our focus now is on supporting residents, crew, and employees.”
Villa Vie Residences · said 2026-10-27 · reported 2026-10-28
The company said passing the full fuel cost increase on to residents was not realistic and its focus was on supporting residents, crew, and employees.