Ulyssia Residences

What Ulyssia Residences does

Ulyssia Residences AG is a privately held Swiss corporation, incorporated and headquartered in Zug, Switzerland, that is developing ULYSSIA — a 323-metre (1,060-foot) residential mega-yacht conceived by founder Frank Binder and designed by Espen Øino, with construction contracted to Meyer Werft in Germany. The vessel is configured to host 122 residences and 22 guest suites and is intended to operate as a continuously sailing, full-service floating residence, offering residents access to global destinations, cultural spaces (theatre, library), onboard wellness (Chenot), private aviation (VistaJet), and underwater exploration (Triton submersibles, EYOS Expeditions).

The company's business model is the pre-sale of 50-year leases on individual residences aboard the yacht, with rights to use common areas and onboard amenities for the lease term. Entry-level luxury suites start at approximately $10-11 million per press reporting (with some sources citing $16 million and penthouse/premium units undisclosed at higher tiers), positioning the offering firmly at the ultra-high-net-worth tier. Revenue is not yet recognized because the vessel has not been delivered; delivery is targeted for 2030. The total project is valued at $2.4 billion per Forbes Australia.

Go-to-market is a high-touch, consultative direct-sales approach: prospects submit ownership, careers, or commercial enquiries through the company website, and the company cultivates brand presence at premier events including Monaco Yacht Show 2024 and 2025, the Goffs London Sale at Kensington Palace Gardens, and a St Barth debut event. Public relations coverage spans Robb Report, Forbes, Condé Nast Traveller, Business Insider, The Times, and The Telegraph, and the brand is active on Instagram (@myulyssia) and LinkedIn. The project received a Robb Report Best of the Best recognition in 2024.

Name

Ulyssia Residences

Legal name

Ulyssia Residences AG

Website

https://ulyssia.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Ulyssia Residences AG is a Swiss developer building ULYSSIA, a 323-metre residential mega-yacht with 122 residences and 22 guest suites, selling 50-year leases to ultra-high-net-worth individuals for a project valued at $2.4 billion and slated for 2030 delivery.

Ownership category

akta.pro rank

Product category

Luxury Residential Yachts

NAICS

Hotels (except Casino Hotels) and Motels (72111), Other Traveler Accommodation (72119), Deep Sea Passenger Transportation (483112), Scenic and Sightseeing Transportation, Water (48721)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Water Transportation (4400), Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Luxury Yacht & Small-Ship Expedition Cruises (THAEABAF)

akta.pro secondary industries

Ultra-Luxury Villas & Estates (THAMAEAA), Luxury Serviced Residences (THAGAEAJ), Crewed Yacht Charters (Luxury Crewed) (THAEAEAA)

Keywords

• Luxury residential yacht
• Floating real estate
• Yacht residence leases
• Mega yacht hospitality
• Maritime luxury residences

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. 50-Year Residential Leases: The company sells 50-year leases in respect of the 119 residences on board the yacht, along with guest and butler suites. These leases include the right to use common areas on board for 50 years from yacht delivery. This is the primary revenue stream.
2. Common Area Access Rights: Lease holders receive rights to use common areas on the yacht for the lease period, adding value to the residential offering.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Ulyssia Residences sells 50-year leases on residences aboard ULYSSIA, a 323-metre (1,060-foot) residential mega-yacht comprising 122 residences and 22 guest suites with five-star amenities. Buyers acquire long-term residence rights on a vessel designed to continuously sail to global destinations, including chic yachting ports, iconic cities, and remote locations, with onboard services such as dining, wellness, cultural spaces, and submersible-based exploration.

Product overview

ULYSSIA is a single flagship product — an ultra-luxury residential mega yacht community. The offering comprises 122 residences and 22 guest suites on a 323-metre vessel conceived by Frank Binder, designed by Espen Øino, and being built by Meyer Werft. Residents have access to five-star amenities and can journey globally from their private yacht homes.

Differentiator

Problem solved

Functional benefit

Products and services

• ULYSSIA Residential Yacht A 323-metre (1,060-foot) residential mega-yacht offering 50-year leases on 122 residences and 22 guest suites, complemented by five-star amenities including dining, wellness, theatre, library, and Triton submersibles for residents to journey globally in privacy and luxury.

Quantifiable outcome

• 50-year lease duration provides long-term residence rights and stability
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

13 partnerships are on record, tiered core, major and minor.

• Espen Øino InternationalcoreStrategic or Co-development PartnerWorld-renowned yacht designer responsible for the exterior design of ULYSSIA. Brings decades of experience designing distinguished yachts with clean lines, timeless proportions, and deep understanding of life at sea.
• Meyer WerftcoreStrategic or Co-development PartnerShipyard responsible for constructing ULYSSIA. One of Germany's oldest and most prestigious shipbuilders, known for mega-yacht construction.
• EYOS ExpeditionscoreStrategic or Co-development PartnerExpert expedition team providing access to extraordinary marine environments. Residents can explore coral reefs and underwater landscapes alongside EYOS experts using Triton submersibles.
• ChenotmajorStrategic or Co-development PartnerLuxury wellness and medical spa brand providing health and wellness services on board ULYSSIA.
• VistaJetmajorStrategic or Co-development PartnerAviation partner providing private jet services for residents needing to reach the yacht or travel between destinations.
• FM ArchitetturamajorStrategic or Co-development PartnerInterior design firm responsible for main lobby and air garden design. Features prominently in ULYSSIA's interior renderings.
• NICOLEHOLLISmajorStrategic or Co-development PartnerSan Francisco-based luxury interior design studio founded by Nicole Hollis in 2002, consistently ranked among world's top luxury design firms. Available for ULYSSIA community to work with when designing individual residences.
• LINLEYmajorStrategic or Co-development PartnerLuxury interior design and furniture brand providing bespoke design services for residents.
• Katharine PooleymajorStrategic or Co-development PartnerLuxury interior designer available to ULYSSIA residents for customizing their onboard residences.
• Jean-Michel GathymajorStrategic or Co-development PartnerPrestigious interior designer known for luxury hospitality projects worldwide, available for ULYSSIA residence customization.
• Sabrina Monte CarlomajorStrategic or Co-development PartnerInterior design firm specializing in luxury residential projects, partner for ULYSSIA residence customization.
• Jenan HajjarmajorStrategic or Co-development PartnerBased in Canada, Jenan Interior Design has portfolio of 40 successful projects on world's largest residential ship. Blends clean geometry and understated elegance, customizing to clients' preferences.
• MarineGuardminorStrategic or Co-development PartnerMarine services partner providing security and protection services for the yacht operations.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Storylines: Develops a residential cruise ship concept with full ownership of onboard residences. Targets a similar UHNW/luxury lifestyle positioning and overlaps on the long-term residential cruise thesis.
• Four Seasons Yachts: Luxury cruise venture from Four Seasons delivering a premium yacht product with residential-grade suites and high-service hospitality, comparable to Ulyssia's luxury hospitality positioning.
• Aman at Sea: Aman-branded luxury yacht delivering ultra-luxury residential-style suites at sea. Targets the same ultra-luxury service standard and exclusivity as Ulyssia.
• Ocean Residence: Luxury residential project with a marine/floating living concept. Adjacent to Ulyssia in the floating luxury residence theme, though typically smaller scale and not a moving vessel.

Broad incumbents

• Ritz-Carlton Yacht Collection: Operates luxury yachts under the Ritz-Carlton brand with spacious suites and high-end service. Comparable in luxury hospitality distribution but operates charters rather than residential leases.
• Crystal Cruises: Established luxury and expedition cruise operator offering premium onboard accommodations and global itineraries. Comparable in luxury service standards and global sailing ambitions.
• Regent Seven Seas Cruises: Premium luxury cruise line with all-suite accommodations and global itineraries. Comparable in targeting affluent travelers seeking luxury at sea, though it operates on a charter rather than residential model.

Others

• VistaJet: Private aviation partner serving UHNW clients globally and a strategic partner of Ulyssia. Comparable customer base and complementary high-end mobility offering for residents needing to reach the yacht.
• Sunborn Yacht Hotel: Operates floating luxury yacht hotels in marinas (e.g., Gibraltar, Helsinki). Conceptually adjacent to Ulyssia as a luxury floating accommodation asset, though it is stationary and operates nightly stays.

Direct peers

• Residensea (The World): Operates 'The World', the only existing private residential ship with continuously rotating itineraries and privately-owned apartments. The most direct comparable to Ulyssia's residential-yacht community model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/myulyssia
• Instagraminstagram.com/myulyssia

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ulyssia Residences