Ulyssia Residences
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.
- Company typePrivate
- Founded-
- HeadquartersZug, Switzerland
- Headcount11–50
- GTM typeB2C
- OfferingServices
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.
Ulyssia Residences firmographics
Firmographics- 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
Ulyssia Residences industry classification
Industry- 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
Where Ulyssia Residences is headquartered
LocationHeadquarters
- HQ city
- Zug
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
Ulyssia Residences business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Entry-level luxury suites starting at approximately $10-11 million |
| One time/ perpetual license | Multi-year contract | Premium residences and penthouses |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Ulyssia Residences product offering
Product offeringCore 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
Companies that use Ulyssia Residences
Customer profileSegments1 record
Ideal customer profiles1 record
Ulyssia Residences technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Ulyssia Residences partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core, major and minor.
- Espen Øino InternationalcoreWorld-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 WerftcoreShipyard responsible for constructing ULYSSIA. One of Germany's oldest and most prestigious shipbuilders, known for mega-yacht construction.
- EYOS ExpeditionscoreExpert expedition team providing access to extraordinary marine environments. Residents can explore coral reefs and underwater landscapes alongside EYOS experts using Triton submersibles.
- ChenotmajorLuxury wellness and medical spa brand providing health and wellness services on board ULYSSIA.
- VistaJetmajorAviation partner providing private jet services for residents needing to reach the yacht or travel between destinations.
- FM ArchitetturamajorInterior design firm responsible for main lobby and air garden design. Features prominently in ULYSSIA's interior renderings.
- NICOLEHOLLISmajorSan 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.
- LINLEYmajorLuxury interior design and furniture brand providing bespoke design services for residents.
- Katharine PooleymajorLuxury interior designer available to ULYSSIA residents for customizing their onboard residences.
- Jean-Michel GathymajorPrestigious interior designer known for luxury hospitality projects worldwide, available for ULYSSIA residence customization.
- Sabrina Monte CarlomajorInterior design firm specializing in luxury residential projects, partner for ULYSSIA residence customization.
- Jenan HajjarmajorBased 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.
- MarineGuardminorMarine services partner providing security and protection services for the yacht operations.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Ulyssia Residences competitors and assessment
Company assessmentEmerging 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
Ulyssia Residences social profiles
Digital presenceUlyssia Residences financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ulyssia Residences leadership team
Management profileNumber of profiles
Profiles1 record
Ulyssia Residences funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ulyssia Residences M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ulyssia Residences
What does Ulyssia Residences do?
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.
Is Ulyssia Residences a public or private company?
Ulyssia Residences is a private company. It is classified as unknown and is currently operating.
When was Ulyssia Residences founded?
Ulyssia Residences was founded in -1. It employs 11 to 50 people.
Where is Ulyssia Residences based?
Ulyssia Residences is headquartered in Zug, Switzerland, in the Europe region.
How does Ulyssia Residences make money?
Two revenue lines are on record. 50-Year Residential Leases are the primary driver. The others are common Area Access Rights.
Who are Ulyssia Residences's main competitors?
Emerging players on record are Storylines, Four Seasons Yachts, Aman at Sea and Ocean Residence. Broad incumbents are Ritz-Carlton Yacht Collection, Crystal Cruises and Regent Seven Seas Cruises. Others are VistaJet and Sunborn Yacht Hotel. Residensea (The World) is listed as a direct peer.
Does Ulyssia Residences have an API?
No public API is recorded for Ulyssia Residences.
What industry is Ulyssia Residences in?
Ulyssia Residences's product category is Luxury Residential Yachts. Its primary akta.pro industry code is THAEABAF, Luxury Yacht & Small-Ship Expedition Cruises, with a secondary code of THAMAEAA, Ultra-Luxury Villas & Estates. Its NAICS code is 72111 and its SIC code is 7000.