Regent Seven Seas Cruises has ordered yet another super-swanky ship.
The four-ship luxury line on Tuesday said it had contracted with Italian shipbuilder Fincantieri for a sister to its much-ballyhooed, two-year-old Seven Seas Explorer, which is marketed as the most luxurious cruise vessel ever.
Unveiled in July 2016, Explorer features some of the largest, most elaborate accommodations at sea, including a single suite measuring 3,875-square-foot – nearly 50 percent larger than the average house in the USA.
Explorer also is the most expensive luxury ship ever built, having cost $450 million.
Scheduled to debut in 2023, Regent's newly announced vessel will cost even more. Regent said the contract price for the new ship is 475 million euro – about $543 million at current exchange rates.
The order is just the latest in the luxury cruise space as the battle for luxury cruisers heats up. Luxury line Silversea in October ordered three new vessels for delivery starting in 2020. October also brought news that mass-market line MSC Cruises was eyeing the luxury space with plans for four new luxury vessels.
Regent didn't reveal details of what it planned for the new vessel's interior. But the ship is likely to share many of the characteristics of Seven Seas Explorer, which boasts one of the highest ratios of space to passengers in the history of cruising. Like Regent's last two new ships, Explorer is an all-suite vessel. Only a handful of luxury lines, including Hapag-Lloyd Cruises and Silversea Cruises, offer all-suite vessels.
Explorer also offers an unusually wide range of upscale eateries for a ship its size including new-for-the-line contemporary French and Asian restaurants, and a newly designed version of the line's signature steakhouse, Prime 7.
A stylish spa operated by Canyon Ranch; a two-tiered, 694-seat theater; and an opulent observation lounge that evokes the 1920s are other notable features of Seven Seas Explorer.
As yet unnamed, the newly ordered vessel becomes the second sister to Seven Seas Explorer on order. Another new ship in the series, Seven Seas Splendor, already is under construction at a Fincantieri shipyard in Italy and due for completion in 2020.
In a statement accompanying Tuesday's announcement, Regent president and CEO Jason Montague said demand for Seven Seas Explorer and Seven Seas Splendor has been strong.
“When Seven Seas Splendor’s inaugural season went on sale in April 2018 we set a new single-day booking record for our 26-year-old company," Montague said. "Each new ship is progressively more successful."
The newly announced ship will open for bookings in 2021, the line said.
Regent is a division of Norwegian Cruise Line Holdings Ltd. (NCLH), which also owns mass-market cruise operator Norwegian Cruise Line and upscale cruise operator Oceania Cruises.
The company just announced last week that it had ordered two new vessels for the Oceania brand, also from Fincantieri.