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Luxury travel is back: A $400,000 cruise sold out in less than 3 hours

July 15, 2021
4 min read
Luxury travel is back: A $400,000 cruise sold out in less than 3 hours
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How eager is the swanky set to get back to circling the world on epic trips? Eager enough to snap up every cabin on one of the priciest cruises ever in less than three hours.

Luxury line Regent Seven Seas Cruises on Thursday announced that a just-unveiled around-the-world voyage aimed at high-net-worth travelers -- cabins cost up to $399,998 for two -- sold out on Wednesday in just 2.5 hours.

It's the fastest any world cruise at the line ever has sold out, the company said.

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“This outstanding response has surpassed all expectations and is without a doubt our strongest world cruise launch day ever,” Regent Seven Seas president and CEO Jason Montague said in a statement accompanying the announcement.

Scheduled to begin in Miami on Jan. 6, 2024, the 132-night sailing on Regent's 700-passenger Seven Seas Mariner will be a country counter's delight. It includes visits to 66 ports in 31 countries.

The ship will touch five continents in all -- North America, South America, Oceania, Asia and Europe -- as it travels westward across the Caribbean to the Panama Canal and then across the Pacific Ocean to the Indian Ocean, the Suez Canal, the Mediterranean and the Atlantic Ocean.

The vessel will cover more than 34,000 miles in the process before ending up nearly five months later in the exact same place it began the trip: Miami.

The 700-passenger Seven Seas Mariner will circle the world in early 2024. (Photo courtesy of Regent Seven Seas Cruises)

Regent typically offers one extended world cruise every year, and they often sell out fast. But never this quickly. Regent said the voyage went on sale at 8:30 a.m. EDT on Wednesday and sold out at approximately 11 a.m.

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Regent had to end its 2020 world cruise early and cancel its 2021 world cruise entirely due to the COVID-19-related industry-wide shutdown, resulting in pent-up demand among its customers for its longest, world-circling voyages.

Regent world cruises scheduled for 2022 and 2023 have sold out quickly, too.

Fares for the very smallest cabins on the newly unveiled world cruise (known as deluxe veranda suites) started at $73,499 per person, based on double occupancy. That works out to $146,998 for a cabin for two.

The top cabins on the ship (master suites) cost $199,999 per person, based on double occupancy -- nearly $400,000 for a couple.

Regent is known as one of the most upscale -- and priciest -- cruise lines in the world, with voyages that often start at around $1,000 per person, per day.

While that may seem like a lot, Regent's ships are the floating equivalent of the most elegant resorts on land, with restaurants serving gourmet fare; luxurious and large cabins (every one of which is a suite); and an unusually high staff-to-passenger ratio.

The line also is one of the most all-inclusive in the cruise business, with just about every element of the cruise experience including drinks and even shore excursions included in the fare. Passengers on the 2024 world cruise will have a choice of 442 shore excursions for no extra charge, including access to 61 UNESCO World Heritage Sites -- a new record for a single Regent cruise. The voyage will include 12 overnight stays in ports.

Regent said the cruise had drawn strong interest not just from regular Regent passengers but from newcomers to the line -- perhaps a sign that well-heeled travelers are searching for new ways to get out and rediscover the world after being cooped up for more than a year.

“For our guests, the 2024 [world cruise] represents so much more than just a cruise vacation," Regent's Montague said. "It's a return to a normality."

Planning a cruise? Start with these stories:

Featured image courtesy of Oceania Cruises.

Featured image by The 700-passenger Seven Seas Mariner. (Photo courtesy of Regent Seven Seas Cruises)
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
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10XEarn unlimited 10X miles on hotels and rental cars booked through Capital One Travel
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Why We Chose It

The Capital One Venture X card is one of the best all-round travel credit cards ever launched. Not only is it offering a tremendous welcome bonus, but cardholders can earn tons of miles on everyday spending and receive a 10,000-mile anniversary bonus to boot. Its annual fee is $395, but cardholders can count on up to $300 in statement credits toward travel booked through Capital One Travel each year and other valuable benefits like access to Priority Pass lounges and Capital One’s own growing family of airport lounges.

Pros

  • Excellent welcome offer worth 75,000 miles after you spend $4,000 on purchases in the first three months.
  • Up to $300 in annual travel statement credits toward bookings make through Capital One Travel.
  • 10,000 bonus miles (worth $100 toward travel) each account anniversary.

Cons

  • The $395 annual fee might be expensive for some, but this card’s benefits provide much more value than that.
  • If you don’t travel frequently, this might not be the best card for you.
  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
  • Receive up to $300 back annually as statement credits for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
  • Earn unlimited 2X miles on all other purchases
  • Unlimited complimentary access for you and two guests to 1,400+ lounges, including Capital One Lounges and our Partner Lounge Network
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
  • Named editors' choice for "Best New Credit Card of 2021" by The Points Guy
  • Earn 10 miles per dollar when you book on Turo, the world's largest car sharing marketplace, through May 16, 2023