Oleg Nikishin/RTV/Newsmakers/Getty Images
Two decades on: It's been 20 years since Dennis Tito, the world's first space tourist, pictured here flying into the ISS, went to space. Only a handful of people have followed in Tito's footsteps, but companies like SpaceX and Virgin Galactic reckon space tourism is the future.
ALEXANDER NEMENOV/AFP via Getty Images
Amazing experience: Tito tells CNN Travel his trip was "the best experience of my whole life, those eight days." Here he is pictured in May 2001, just after arriving back on earth.
Bill Ingalls/NASA via Getty Images
Boeing Starliner: One of the future space tourism ventures is Boeing's Starliner spacecraft -- seen here after landing in White Sands, New Mexico in December 2019 following a test flight. Once Starliner starts flying to the ISS, deep-pocketed travelers will be able to book a ticket on board via space travel agency Space Adventures, who also organized Tito's trip.
SpaceX via Getty Images
Crew Dragon: US company SpaceX is planning orbital trips to space later in 2021, via its Crew Dragon aircraft. Crew Dragon is pictured here in May 2020 not long before becoming the first commercial spaceship to send NASA astronauts to space.
TOSHIFUMI KITAMURA/AFP via Getty Images
Heading to the moon: Meanwhile Japanese billionaire Yusaku Maezawa hopes to fly to the moon as a private citizen in 2023 via SpaceX's Starship, along with a group of artists. Elon Musk also intends Starship to carry humans to Mars one day.
Orbital Assembly Corporation
Future ambitions: This is a rendering for Voyager Station, a space hotel that could be a reality later in the decade.
Orbital Assembly Corporation
'Golden age': The hotel is being designed by Orbital Assembly Corporation. "We're trying to make the public realize that this golden age of space travel is just around the corner. It's coming. It's coming fast," says CEO John Blincow.
CNN  — 

On April 30, 2001, US millionaire Dennis Tito arrived at the International Space Station (ISS) via a Russian Soyuz rocket, becoming the world’s first space tourist.

For Tito, then 60, it was the culmination of a dream he’d held since he was a young man, one he’d shelled out a cool $20 million for to make a reality.

Now billionaire Virgin CEO Richard Branson and Amazon CEO Jeff Bezos have followed in his footsteps. On July 11 Branson blasted off into suborbital space via his company Virgin Galactic, while Bezos’ Blue Origin rocket spent 11 minutes in suborbital space on July 20.

Reflecting on his momentous journey two decades on, Tito is gleeful when describing the moment the rocket first went into orbit.

“The pencils started floating in the air, and I could see the blackness of space and the curvature of the earth,” he tells CNN Travel.

“I was euphoric. I mean, it was the greatest moment of my life, to achieve a life objective, and I knew then that nothing could ever beat this.”

In the 20 years since Tito vacationed in space, only a handful of other – uber wealthy – tourists have followed in his footsteps, but companies such as SpaceX, Blue Origin and Virgin Galactic are banking on the next big vacation destination being out of this world, and working to make that a reality in the not-so-distant future.

Tito has been keenly keeping an eye on updates in the space tourism field – he says he hopes many others will one day be able to experience the thrill of a trip to space.

“I just wish them the best,” he says. “I am hopeful they will have the wonderful experience that I had.”

‘The best experience of my whole life’

ALEXANDER NEMENOV/AFP via Getty Images
Dennis Tito, pictured here after landing back on earth in May 2001, was the world's first space tourist.

When Tito embarked on his history-making trip in 2001, he was working in finance, but he’d started his career in aeronautics and astronautics.

Tito had been fascinated by space ever since he was a kid, and reckons he was paving the way for a space sojourn even then.

“When I flew in 2001, it wasn’t just someone [saying], ‘Oh I want to go become famous and fly in space.’ This was a goal I set in 1961,” he says.

That was the year that Soviet cosmonaut Yuri Gagarin became the first human to travel to space.

“I was fascinated by it as a young person,” says Tito.

Later, when he changed careers and no longer worked in the aeronautics arena, Tito continued to dream of his own space flight.

NASA had long opposed the idea of sending civilians to space, but in 1991, shortly before the collapse of the USSR, Tito started talking to the Soviet Union about joining a space mission as a ticket-paying citizen.

He recommenced these conversations later that decade.

“In the late ’90s, the Russians were really hurting for funding of this space program and the bottom line was, I figured out, ‘Huh, maybe I could get involved with the Russians.’”

Fast-forward to April 28, 2001, and a Russian Soyuz spaceship lifted off from the Baikonur Cosmodrome in Kazakhstan with Tito on board, alongside two Russian cosmonauts. Tito spent the next week on board the ISS.

“It was eight days of euphoria,” he says.

“I just enjoyed looking at the window, videoing the earth, the portholes, the station. It was just wonderful,” Tito recalls.

“It just was – whatever I had expected, the best I had expected times 10. It was the best experience of my whole life, those eight days.”

The current state of play

After Tito’s historic 2001 flight, seven other private citizens traveled to space – also coughing up millions to do so – via space tourism agency Space Adventures, with travelers transported on Russian Soyuz spacecraft to the ISS.

There haven’t been any space tourists since 2009, which Space Adventures’ representative Stacey Tearne puts down to the fact the US Space Shuttle program was retired, leaving Russian Soyuz craft as the only option for getting to and from the ISS.

Tearne tells CNN Travel that Space Adventures is confident the landscape will change again.

“In the future, we anticipate multiple providers and vehicles,” she says. “Once there is competition in the marketplace, there will be competitive pricing.”

Space Adventures remains in partnership with the Russian space agency – in fact, they’re currently working on a 2023 Soyuz mission to the ISS which includes the opportunity for a space tourist to conduct a spacewalk.

Bill Ingalls/NASA via Getty Images
Deep-pocketed travelers will be able to book a seat on Boeing's Starliner spacecraft -- seen here after it landed in White Sands, New Mexico in December 2019 following a test flight -- once it starts flying to the ISS.

The company also has the rights to market seats on board Boeing’s Starliner space capsule to private individuals, once operational flights to the ISS commence.

In the more immediate future, Space Adventures is planning a trip for late 2021 via SpaceX’s Crew Dragon spacecraft.

NASA helped fund the development of Boeing’s Starliner and SpaceX’s Crew Dragon, but both companies remain privately owned, so they’ll still have the option to sell seats aboard their spacecraft to anyone who can afford them.

The US space agency has changed its tune on space tourism since Tito’s historical trip, announcing back in 2019 plans to open the ISS to tourists.

Orbital space tourism

SpaceX via Getty Images
US company SpaceX is planning orbital trips to space later in 2021, via its Crew Dragon aircraft, pictured here in May 2020, not long before becoming the first commercial spaceship to send NASA astronauts to space.

Not all space tourism is equal.

There’s a marked difference between a trip to orbital space – involving gravity-busting high-speed takeoffs and longer durations – and suborbital space, in which travelers are briefly exposed to weightlessness and views of space during a flight to the edge of the atmosphere, 60 miles above Earth.

US company SpaceX, founded by Elon Musk with the goal of eventually flying humans to Mars, is perhaps the biggest hitter in the orbital space tourism arena.

In May 2020, SpaceX’s Crew Dragon became the first commercial spaceship to send NASA astronauts to space and the company has plans to use the craft for a civilian-only journey later in 2021, with seats on offer for roughly $50 million each.

Billionaire Shift4 Payments CEO Jared Isaacman, who’ll be one of those on board, is funding the trip.

Among those joining him will be Hayley Arceneaux, a 29-year-old cancer survivor and physician assistant at St. Jude children’s hospital in Tennessee.

Arceneaux is set to be the youngest American to visit space, and the first person with a prosthesis to journey into space. Arceneaux, Isaacman and the rest of the crew are currently undergoing training for the journey, which is set to last several days.

SpaceX also signed a deal with Axiom, a startup founded by former NASA Administrator Michael Suffredini, to take a group of “private astronauts” to the ISS aboard a Crew Dragon in the second half of 2021.

NASA also recently awarded SpaceX with a $2.89 billion contract to build Starship, which it’s hoped will land astronauts on the moon for the first time since the 1970s.

SpaceX hopes Starship will take Japanese billionaire Yusaku Maezawa and a group of artists to the moon in 2023. Musk also intends Starship to carry humans to Mars one day.

Now 80, Dennis Tito isn’t sure if a return to space is in his future, but he’s excited about movements in the orbital space tourism field.

“I’d love to be one of the first people to go with Starship to land on Mars, if I was physically capable,” he says.

He figures they’ll probably go for a younger crew.

“But I can fantasize about it,” says Tito.

Suborbital space tourism

Richard Branson’s Virgin Galactic has been working on suborbital space tourism projects for some time, selling tickets at $250,000 a pop for the past several years.

Branson was on board the company’s milestone test flight on July 11, alongside two pilots and four other Virgin Galactic employees.

Virgin Galactic hopes these suborbital space flights will be available for paying members of the public by 2022.

Blue Origin is also setting its sights on suborbital space tourism and launched founder Jeff Bezos to the edge of space on July 20. Also on board was Bezos’ brother Mark and 18-year-old Oliver Daemen, whose dad purchased his ticket for an undisclosed amount. They were joined by Wally Funk, an 82-year-old pilot who trained to be an astronaut 60 years ago but hadn’t had the opportunity to go to space until now.

Daemen took the place of an unnamed auction winner who’d paid $28 million for a ticket but decided to postpone for a later mission because of “scheduling conflicts,” according to Blue Origin. The auction money went to Blue Origin’s STEM education charity Club for the Future, who donated it to space-related non-profits.

The price tags attached to space tourism have drawn criticism from those who say the money could be better spent solving problems on Earth – a point Bezos has partly conceded.

Other suborbital concepts include Florida company Space Perspective, which hopes to fly passengers to the edge of space in a high-tech version of a hot air balloon.

NASA scientist: ‘You’re not going to be able to keep people away’

Jeffrey A. Hoffman, a former NASA astronaut who now works in MIT’s Department of Aeronautics and Astronautics, says he’s “very enthusiastic” about space tourism as a concept.

“I am excited about the idea that many, many more people will be able to experience being in space, and hopefully bring back to Earth a new sense of their relationship with our planet,” Hoffman tells CNN Travel.

Hoffman describes looking back at the Earth from space as being a reminder that “we’re all in it together.”

“Getting this idea of the earth as a finite system, and as a planet, is critical to our survival as a species,” he says.

Not only that, being in space is fun, says Hoffman. He says the feeling of weightlessness, which is hard to imagine for those of us who’ve remained Earthbound, is incredibly pleasant.

“It’s being in a state of elation the whole time, your body feels so incredible, different,” he says.

“So I think a lot of people – when the word gets back and these initial travelers tell their tales – you’re not going to be able to keep people away.”

Hoffman describes Tito’s 2001 flight as “breaking the ice” and marking “the beginning of a new era of space travel.”

He’s hopeful that the historically astronomical cost of space tourism will come down as demand increases, and the projects in development become a working reality.

“When you look at the travel industry, certain things are available to the general population, and certain types of tourism are only available at a much higher economic level. But gradually, things do tend to trickle down.”

Hoffman suggests the main roadblock to space tourism – aside from cost – will be safety fears.

In 2014, a test pilot was killed during a Virgin Galactic test flight, while SpaceX and Blue Origin test rockets have exploded, with no injuries.

Hoffman says that, as with air travel, there will always be risk of accidents, but a consistent safety record will help get the concept off the ground.

While the launch dates of many of space tourism concepts have been pushed back several times, Hoffman is confident this year could be significant.

Would he consider returning to space as a tourist?

The space expert says he’s often invited on cruise ships to give talks about his work, and he’s hoping similar opportunities might one day exist on space trips.

“If someone invited me to come into orbit, and or even go up on a three-minute flight as an experienced astronaut and share the stories that would be great,” says Hoffman.

“On the other hand, if I were in possession of $200 million, I’m not sure I would spend it on just another week in space, because I have been there. But I would love to go back.”

Future goals

Orbital Assembly Corporation
Space Hotel: By 2027, a stay in space could be a reality. Welcome to Voyager Station, an ambitious space hotel project.
Orbital Assembly Corporation
Future of travel? The brainchild of California-based company the Gateway Foundation, the hotel will be built by Orbital Assembly Corporation, a new construction company headed up the Gateway Foundation's John Blincow.
Orbital Assembly Corporation
Golden Age: "We're trying to make the public realize that this golden age of space travel is just around the corner. It's coming. It's coming fast," Blincow told CNN Travel.
Orbital Assembly Corporation
Rotating wheel: This futuristic concept is made up of 24 modules connected by elevator shafts that make up a rotating wheel orbiting the Earth.
Orbital Assembly Corporation
Luxury experience: Inside, guests can enjoy all the comforts they'd expect from a luxury hotel or cruise.
Orbital Assembly Corporation
Unique experience: There will be recreational activities on offer that make the most of reduced gravity.
Orbital Assembly Corporation
Next steps: The next stage in getting the Voyager Station off the ground is bringing more investors into the mix, and starting tests on the ground.

Speaking of cruises, in 2019, Californian company the Gateway Foundation released plans for a cruise ship-style hotel designed to orbit the Earth’s atmosphere.

Voyager Station, comprised of 24 modules connected by elevator shafts that make up a rotating wheel orbiting Earth, is set to be built by Orbital Assembly Corporation, a new construction company run by former pilot John Blincow.

In a recent interview with CNN Travel, Blincow said construction on the space hotel is expected to begin in 2026, and a stay at the hotel could be a reality by 2027.

The hotel hopes to highlight some of the fun perks of being in space – there are plans to serve space food, and organize recreational activities like “space basketball.”

SpaceX’s Starship system could help get Voyager Station off the ground.

When the initial designs premiered a couple years ago, Tim Alatorre, senior design architect at Orbital Assembly Corporation told CNN Travel the hotel’s aesthetic was a direct response to the Stanley Kubrick movie “2001: A Space Odyssey” – which he called “almost a blueprint of what not to do.”

“I think the goal of Stanley Kubrick was to highlight the divide between technology and humanity and so, purposefully, he made the stations and the ships very sterile and clean and alien.”

Rather than the typical image of space – astronauts in space suits floating in cramped quarters – the team behind the space hotel want to create a luxury hotel that wouldn’t look out of place on Earth, just with some pretty out-of-this-world views.

“We’re trying to make the public realize that this golden age of space travel is just around the corner. It’s coming. It’s coming fast,” says Blinclow.

CNN Business’ Jackie Wattles contributed to this report