Space Tourism is a Hoax, editorial, Fredrick Engstrom and Heinz Pfeffer, Space News
"Some proponents of suborbital spaceflight will say that their device prepares for orbital space tourism. From the above it should be clear that doing a hop into space, suborbitally, is not a precursor to orbital flight and has nothing to do with reaching orbital speed and then decelerating to return to Earth. To conclude, commercially balanced space tourism is neither for today, nor tomorrow, nor the day after tomorrow."
Keith's note: It is quite clear that ESA's Launcher Office is very good at breeding arrogant, anti-commercial space defeatists.

I am afraid that they are correct in saying that affordable orbital space tourism is a long way off. Right now the price for a Soyuz ride is $20-50M. The next credible manned spacecraft which might sell rides would be the Falcon 9 Dragon combination. The Falcon 9 price is $45M, the Dragon spacecraft would probably cost more than $35M, so the cost for 7 people would be at least $10-20M apiece. The existence of two vehicles from two completely different organizations with similar seat prices argues against a 100:1 price reduction in the near future.
Steve
Flometrics