The luxury Villa Vie Odyssey, which carries up to 650 passengers and has rooms costing up to $11,000 a month, abruptly halted its round-the-world voyage, stranding passengers in Cambodia while passengers and crew are disembarked. Operator Villa Vie Residences said in a Tuesday statement that extraordinary increases in fuel costs require it to restructure and recapitalize over the next 60 days, adding that no outcome is assured. The company said monthly fuel costs per cabin rose from $1,800 to as much as $8,000 in parts of Asia, a 344% increase according to CNBC's calculations. Despite slowing the itinerary and spending more time in port since the Iran war began on Feb. 28, these measures have not been enough to offset the cost increase, which the company said it cannot simply pass on to residents.
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