Space tourism: 6 key considerations for future space travel | World ...
In July 2021, entrepreneur Sir Richard Branson and Amazon founder Jeff Bezos went up into space, accompanied by fellow passengers. These trips created vast amounts of media coverage and brand recognition for Branson’s Virgin Galactic and Bezos’ Blue Origin. This could indicate that a commercial space tourism industry is on the horizon.
Why space debris is a growing problem | World Economic Forum
Jun 13, 2023 · ‘The global space-faring community needs to address the debris issue, before the orbital environment becomes unusable.’ ‘Protecting the space environment is of utmost importance to humanity’s short-term and long-term success.’ ‘Space is vital to daily life – from weather forecasting to global connectivity, and from climate change ...
What is travel and tourism’s role in future global prosperity?
Jan 12, 2024 · With 2023 at an end, the Travel and Tourism (T&T) sector is finally positioned to move past the impact of the pandemic, with international tourist arrivals anticipated to reach levels reminiscent of the pre-pandemic era. However T&T sector stakeholders and destinations are navigating a complex terrain marked by external challenges such as ...
Space | World Economic Forum
Nov 4, 2024 · The space sector is evolving rapidly, with new public- and private-sector actors propelling it towards commercial launch and space tourism, ever-larger constellations that provide connectivity and ever-more precise Earth observation, as well as partnerships for lunar exploration and beyond. As the domain undergoes this important transformation, the Global …
The space economy is booming. How can it benefit Earth? | World ...
Oct 19, 2022 · The Space Foundation’s The Space Report 2022 estimates that the space economy was worth $469 billion in 2021 – a 9% increase from a year earlier. And over 1,000 spacecraft were put into orbit in the first six months of this year, the report says – more than were launched in the first 52 years of space exploration (1957-2009).
Is the commercialization of space a risk too far? | World Economic …
Jan 12, 2022 · Increased private investment in space is also driving down the cost of launching satellites into orbit, says the report. Lower costs mean more organizations can launch smaller satellites, opening up the prospect of innovations such as …
Space is booming. Here's how to embrace the $1.8 trillion …
Apr 8, 2024 · Meanwhile, applications like space tourism are no longer in the realms of science fiction. The market is expected to be capped at around $4-6 billion to 2035, with most revenues coming from in-orbit stays aboard space stations by ultra-high-net-worth individuals.
What is overtourism and how can we overcome it? - The World …
Oct 17, 2023 · The term ‘overtourism’ has re-emerged as tourism recovery has surged around the globe. But already in 2019, angst over excessive tourism growth was so high that the UN World Tourism Organization called for “such growth to be managed responsibly so as to best seize the opportunities tourism can generate for communities around the world”.
How many space launches does it take to have a climate impact?
Jul 23, 2021 · Alongside space tourism, the growing use of satellites will also likely ramp up launch activity; a record 1,283 satellites were launched last year, according to the UN, and by April of this year nearly 850 more had been sent into space.
The future of travel and tourism as per 4 sector leaders | World ...
May 24, 2022 · In 2020 alone, the travel and tourism industry lost $4.5 trillion in GDP and 62 million jobs - the road to recovery remains long. The World Economic Forum’s latest Travel & Tourism Development Index gives expert insights on how the sector will recover and grow.