Monday, January 11, 2010

"Home Sweet Home" Cruise

In the worst economic storm in decades, a Beverly Hills company has an ambitious plan to build a $1.1-billion cruise ship, set to cast off in 2013. But instead of offering four- or five-day excursions as typical cruise lines do, the business plans to sell half the cabins as floating homes.

Opulent cabins aboard the ship Utopia now range in price from about $3.7 million to $26 million. But even at these prices, a key draw will be location.

During the Cannes Film Festival, the ship is slated to drop anchor near the south of France in the Mediterranean sea. During the carnival celebration in Rio de Janeiro, the ship plans to dock off the coast of the Brazilian city. On New Year's Eve, cruise ship operators hope to take passengers to Sydney Harbor in Australia to enjoy the fireworks display.

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