Read the memo Villa Vie Residences CEO sent to residents as the ship's finances reached a 'critical point'
Source: Business Insider ·
"The financial need is real, immediate, and necessary to keep Odyssey moving," Villa Vie CEO Kathy Villalba said in an August message to residents.
From the source
Villa Vie Residences CEO Kathy Villalba implored passengers to help cover fuel costs in an August memo.TANG CHHIN Sothy / AFP via Getty ImagesThe boss of Villa Vie Residences sent passengers an "urgent" appeal for financial help in August.Three months before the cruise halted in Cambodia, CEO Kathy Villalba warned of soaring fuel costs."We have now reached a critical point," she wrote. Read the full message to residents below.Almost three months before Villa Vie Residences suspended operations on Tuesday, leaving residents of the "never-ending" cruise stranded in Cambodia, the company had already warned the Odyssey's residents that it was running out of money for fuel.In an August 1 memo to residents labeled "urgent," Villa Vie CEO and founding partner Kathy Villalba asked residents for financial contributions to buy fuel.The memo, which Business Insider reviewed, said the company needed to make "immediate and creative operational decisions to preserve the voyage."The company behind…
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