A residential cruise ship that promised hundreds of people a permanent life at sea has been laid up in Cambodia, and its residents found out with almost no warning. On Monday morning, Villa Vie Residences told guests aboard the Villa Vie Odyssey they had until 2pm the same day to disembark in Sihanoukville – an eight-hour window to pack up their lives.

The company blamed high fuel costs, tied to the Iran war, for forcing the ship into what it calls a temporary layup. It says it suspended sailing to avoid passing the extra costs on to passengers and is now weighing options, though no financing or rescue deal has been confirmed. Around 200 people were on board when operations stopped, in a ship built for up to 970.

The human cost is steep. Among those affected are Lanette Canen and Johan Bodin, both 56, who sold a business to fund a $100,000 (£75,000) cabin, plus $3,500 (£2,633) a month in maintenance fees. They had been living on the ship since October 2024 and ran a business and YouTube channel from their cabin. Lanette described the reaction as heartbreak – the loss of a home and a community built over two years.

The company has helped with luggage and port shuttles but is not paying for hotels, and has given no date for a possible return to sea. One resident has been helping others with lodging costs and is trying to arrange a charter flight to San Francisco. Former residents, including one who left for health reasons and still owns a cabin she can neither rent out nor likely sell, say communication has been poor and that anyone who sold a home to buy in faces heavy losses.

Sihanoukville was already the next scheduled stop, so some guests are making the best of it. Canen and Bodin plan a week in a hotel there, then time in Phnom Penh, Vietnam, Bali and Thailand, betting that Southeast Asia's lower cost of living will stretch their savings while they decide what comes next.

For anyone tempted by residential cruise life, this is a sobering case study. Unlike a regular cruise, your home is the vessel – so the operator's finances become your housing security. If a similar scheme appeals, it's worth asking hard questions before buying: what happens if the company suspends operations, how quickly would you have to leave, what visa and accommodation safety nets exist, and can you resell your cabin? Here, some contracts appear to lock owners in even as their asset's value collapses. Long-term voyaging on your own terms remains possible, but the Odyssey situation shows the risks are as real as the romance.