Start a Business of Space Hotel
"Space tourism: Only for the very, very rich"
A new space race is on, and this time it's to see who can build the galaxy's best bed-and-breakfast. A Barcelona-based firm called Galactic Suite Limited claims it will be the first to build a space hotel, opening its $3 billion Galactic Suite to the (very rich) public in 2012.
"The punchline is that we are now seeing the birth of the Googles and Apples of the space business," says Peter H. Diamandis, a pioneer in the commercial space industry. "There are a number of companies working on space hotels." At the forefront is Bigelow Aerospace, which launched two prototypes of space hotels and currently plans a commercial space complex by 2014. Called Sundancer, the hotel is expected to have space for up to six people on a short-term basis. A Russian company called Orbital Technologies is also racing to have the first commercial space station. A vision of the station is in the photo above.