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If an invite-only rooftop lounge or hidden basement club doesn’t feel exclusive enough for you, there’s now a luxury yacht that is being called the “world’s largest floating private members’ club.”

Quintessentially One, as the 720-foot yacht will be called, will go around the world all year, popping up at select high-profile events. The yacht will not only host exclusive parties, but also have an onboard restaurant and hotel where rooms start at about $2,500 per night.

The yacht is run by Quintessentially, a luxury concierge service which provides services like restaurant reservations, tickets to sold-out events, and opulent travel planning. Membership to the service costs about $18,700 per year.

The yacht will dock where the ultra-wealthy tend to congregate — like the Cannes Film Fest, Monaco Grand Prix, Rio’s Carnival, etc. — and offer overnight accommodations.

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“Where the traditional cruise model is to go somewhere, dock and get off, we will dock and people will want to get on,” Aaron Simpson, Quintessentially’s co-founder and chairman, told The Guardian.

The “superyacht” will include 12 residential suites and 112 “lower berth” rooms in a boutique hotel. Guests onboard the yacht will have access to a library, spa, gym, marina, “beach area,” shopping, and a bar/nightclub.

The yacht cost about $264 million to construct. About one-fifth of that was provided by five millionaire friends, who will each have their own suites aboard the vessel.

The ship is scheduled to make its maiden voyage in 2019.