[Ritz Carlton Yacht collection Evrima]The Ritz-Carlton Yacht Collection * The Ritz-Carlton's first-ever yacht is delayed, over budget, and set to sail in June 2020 — even still, the company just released its 2021 cruising itineraries. * Once completed, the Evrima, a "yacht" which is really more similar to a small cruise ship, will accommodate up to 298 guests. * Itineraries for the 2021 season will be varied to inspire cruising multiple back-to-back voyages. Ports-of-call include Mediterranean spots in the Greek Isles and Côte d'Azur as well as Caribbean locations like Cartagena and Martinique. * Visit Business Insider's homepage for more stories. The Ritz-Carlton hotel company is planning on taking luxury to the high seas. In 2017, the company announced the building of three superyachts that are intended to "usher in a new way of luxury travel," according to Herve Humler, the president and chief operating officer of The Ritz-Carlton said in a press release at the time. Bloomberg even called the planned cruises an experience for "the 1% of global travelers." The first ship was initially slated to set sail in late 2019, but as Business Insider's Hillary Hoffower previously reported, the date was pushed to June 2020, and the ship is reportedly about $55 million over budget. Even still, The Ritz-Carlton recently released the itineraries for the 2021 season. The routes are varied, with voyages in the Caribbean and the Mediterranean each lasting roughly seven nights. According to the report, the variation of port cities is meant to inspire guests to stay aboard for more than one voyage. The base price for one passenger on one voyage is $4,900. The first ship set to sail, the Evrima, is somewhere between a private superyacht and a small cruise ship. It is designed to accommodate up to 298 guests across 149 suites, each with its own private terrace. Here's a closer look at renderings of the vessel alongside descriptions of the recently announced routes. THE FIRST OF THE THREE RITZ-CARLTON SHIPS TO SAIL WILL BE THE EVRIMA. THE SUPERYACHT WILL HAVE 149 SUITES — EACH WITH ITS OWN PRIVATE TERRACE — AND ACCOMMODATE UP TO 298 GUESTS. Ritz Carlton Yacht Collection _SOURCE: Ritz-Carlton Yacht Collection, Business Insider_ THE RITZ-CARLTON YACHT COLLECTION IS DESIGNED TO DEFY CRUISE STEREOTYPES, WITH A SMALLER CARRYING CAPACITY AND LARGER CABINS THAN THE TYPICAL CRUISE LINER, IN ADDITION TO LUXURIOUS LOUNGING SPACES, HIGH-END DINING OPTIONS, AND ELITE PORT CITIES. The Ritz-Carlton Yacht Collection _SOURCE: Ritz-Carlton Yacht Collection_ THE DESTINATIONS FOR THE 2021 SEASON WERE JUST RELEASED, AND THEY INCLUDE HARD-TO-GET-TO SPOTS IN THE MEDITERRANEAN, NEAR THE GREEK ISLES AND BALEARIC ISLANDS, AS WELL AS TINY TOWNS IN THE CARIBBEAN. Ritz-Carlton Yacht Collection _SOURCE: Ritz-Carlton Yacht Collection_ SEE THE REST OF THE STORY AT BUSINESS INSIDER SEE ALSO: * A luxury cruise liner will embark on a 140-day journey to all 7 continents in January. Take a look inside the ship, where the '1% of the 1%' will stay in suites that cost up to $240,000. * How composer Andrew Lloyd Webber built a billion dollar fortune off 'Cats' and 'The Phantom of the Opera' * 15 ways millennials changed the world in the 2010s SEE ALSO: THE BEST CRUISES TO TAKE IN 2020, ACCORDING TO CONDÉ NAST TRAVELER DON'T MISS: A NEW ITALIAN YACHT CONCEPT IS DESIGNED TO LOOK LIKE A KILLER WHALE AND CAN HANDLE ARCTIC EXPLORATION — AND IT HIGHLIGHTS ONE OF THE BIGGEST TRENDS SHAPING LUXURY TRAVEL IN THE NEW DECADE