Residential Cruise Line
Marissa Brassfield — August 30, 2008 — Life-Stages
References: residentialcruiseline
All world travelers and lifelong fans of luxury must inevitably retire from the workforce and consider the perfect spot to spend their golden years. From lavish golf residential resorts to upscale condo communities, today's retirees have a multitude of ways to retire in style. The only problem with these retirement options, however, is that they're stationary. Even established retirees can't always afford the cost of a residential home and travel.
That's where the Residential Cruise Line comes in. The luxurious suites for sale on the Magellan are pricey -- $1.8 million to $8 million -- but the amenities are first-rate, and there's no substituting the exclusivity of jet-setting around the world on a cruise ship. RCL also offers fractional ownership on the Magellan, so you can travel for a month or two at a time rather than full-time.
The amenities on this residential cruise ship are astounding. The 860-foot long Magellan features a fully retractable marina, an Aqua spa, a 450-seat broadcast satellite-capable theatre for Broadway-quality entertainment, four fine dining restaurants, two executive helicopters, an observatory, greenhouse, a putting green, a tennis court, and indoor gold simulators spread out over its 15 decks. Bertram fishing boats are available for serious anglers and sunbathers.
That's where the Residential Cruise Line comes in. The luxurious suites for sale on the Magellan are pricey -- $1.8 million to $8 million -- but the amenities are first-rate, and there's no substituting the exclusivity of jet-setting around the world on a cruise ship. RCL also offers fractional ownership on the Magellan, so you can travel for a month or two at a time rather than full-time.
The amenities on this residential cruise ship are astounding. The 860-foot long Magellan features a fully retractable marina, an Aqua spa, a 450-seat broadcast satellite-capable theatre for Broadway-quality entertainment, four fine dining restaurants, two executive helicopters, an observatory, greenhouse, a putting green, a tennis court, and indoor gold simulators spread out over its 15 decks. Bertram fishing boats are available for serious anglers and sunbathers.
Trend Themes
1. Residential Cruise Line - There is a potential disruption in the retirement living industry with this unique retirement option that combines luxury travel and living.
2. Fractional Ownership - Fractional ownership on the Magellan presents a promising trend toward more flexible and affordable ownership models in the timeshare industry.
3. Luxury Retirement Communities - Luxury retirement communities have to rethink their strategy to compete with the Residential Cruise Line's unique offering of travel and leisure while still providing luxurious living accommodations.
Industry Implications
1. Retirement Living - The Residential Cruise Line presents an opportunity to revolutionize the retirement living sector by offering a combination of high-end travel and luxurious living.
2. Hospitality and Tourism - The hospitality and tourism industry can take advantage of this trend by exploring new models of combining hotel, travel, and residential experiences.
3. Timeshare Industry - The fractional ownership model used by the Residential Cruise Line presents an opportunity for the timeshare industry to reposition itself by offering more flexibility and affordable options to its customers.
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