On October 27, local time, the global residential cruise operator Villa Vie Residences announced that its “Odyssey” will be suspended in Cambodia due to a sharp rise in fuel costs. The founder of the company, Mikael Peterson, said that there were about 200 residents on board at the time of the suspension. The company will bear their temporary accommodation and local transportation expenses, but will not provide funds to leave Cambodia. According to the company, fuel costs have risen by more than 300% compared to the US-Israel war against Iran at the end of February, and the average monthly fuel expenditure for a single cabin has risen from a historical average of about 1,800 US dollars to a maximum of 8,000 US dollars; the company is seeking financing to leave the region as soon as possible and evaluating restructuring and capital restructuring plans within the next 60 days.

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