Space Tourism Market and Background
"When ships to sail the void between the stars have been invented,
there will also be men who come forward to sail those ships."
-- Johannes Kepler
We assert that space tethers make it possible to supply the
space tourism market, but first we need to
analyze that market.
Tourism volume is price sensitive.
Today's world wide travel
and tourism market as a whole is about $400 billion per year.
Excursions to the Antarctic, Africa, or Mt. Everest draw thousands every year.
If you want to look at what is available now
There have been
several space tourism market studies.
For more information on space tourism we recommend
SpaceFuture.com in particular
their reference section.
The actual market for space tourism in 2001 and 2002 was 1 ticket per year
at a price of about $20 million, for a total market of $20 million/year.
The results of a
German study of global market demand in 1994 were used to generate the
following graph. At a ticket price of $100,000 the demand is estimated to be
400,000 tickets per year or about $40 billion per year. At lower prices the
number of passengers goes up but the total market is not much larger.
We will assume $50,000 per ticket for a 1 week stay in a hotel.
The SSTT rocket could be used for
suborbital tourism before the tether is even started.
This would reduce the time to profitability and
the size of the initial investment required for the total system.
The suborbital market could help pay for development of the SSTT.
Toss for hours
Another market is to be able to toss someone on a ride that
lasts for one long orbit and then reenters. This could be
done before the space hotel was finished and so generate
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Copyright (c) 2002, 2003 by Vincent Cate. All rights reserved.