The recent growth of activities towards developing passenger space
travel services is very promising; however there is a widespread but
mistaken idea that space tourism will remain a small-scale activity of
the very wealthy. The truth is that, having been delayed for over three
decades by government space agencies' failure to develop more than a
small fraction of the commercial potential of space, the start of space
travel services is long overdue, and so they are capable of growing
rapidly into a major new industry. That is, the technical and business
know-how exists to enable space tourism to grow to a turnover of 100
billion Euros/year within a few decades if it receives public support of
even 10% of space agencies budgets. This development would sharply
reduce the cost of accessing the resources of space, which could prevent
the spread of the “resource wars” which have begun so
ominously. No activity therefore offers greater economic benefits than
the rapid development of low-cost space tourism services. A range of
government policies should be revised to reflect this.