The grand dining room of the reimagined Regatta-class ships. Credit: Oceania Cruises.

Oceania Cruises has launched a new initiative known as OceaniaNEXT, which will involve the modification of its Regatta, Insignia, Sirena, and Nautica ships with a total investment of $100m.

The OceaniaNEXT development is expected to see the creation of 1,368 new suites and staterooms, as well as 1,400 new marble bathrooms on-board the four 684-guest vessels.

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A total of 8,000 new light fixtures along with 12,000 new sofas and chairs will be installed on the four ships as part of the plan.

More than 1,000 artisans and craftsmen are expected to be involved in the overhaul programme.

Oceania Cruises president and CEO Bob Binder said: “OceaniaNEXT will be the most extensive and comprehensive suite of product and guest service enhancements that we have ever undertaken.

"They don’t build ships like these anymore, which is why this re-inspiration project is such an important milestone in our company’s 15-year history."

“Our Regatta-class ships are like second homes to our loyal guests and travel partners.

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“They don’t build ships like these anymore, which is why this re-inspiration project is such an important milestone in our company’s 15-year history.

“We are maintaining the intimate surroundings and personal attention that our guests love, while at the same time setting a new standard of style and elegance for small ship cruising.

“We have opened a new chapter, innovating in every way as we look to the future and the way our guests want to travel.”

Insignia is set to be the first ship to debut under the OceaniaNEXT initiative and the vessel is slated to be re-launched by December.

Sirena and Regatta are scheduled to follow next year, while Nautica will be re-introduced by June 2020.

Studio DADO, a US-based design and concept studio specialising in luxury residential and hospitality projects, will be responsible for designing the planned refurbishments.

Oceania Cruises currently operates a fleet of six luxurious ships that are capable of carrying either 684 or 1,250 guests each.