Hotel Billionaire Mogul Wants To Go To Space

Bigelow Aerospace

Robert Bigelow—the billionaire owner of Hotel Budget Suites of America—is setting his sights on a brand-new market as hotels on earth head for a cooldown—extraterrestrial real estate.

The Bigelow Expandable Activity Module, or BEAM, will be packed with the next SpaceX rocket launched to the International Space Station. BEAM is an inflatable, cocoon-like living space, and it will be the first of its kind to be occupied by humans in space, Fortune reports.

The 6-by-8 BEAM will expand to more than 500 cubic feet—about the size of a small bedroom—and be attached to the outside of the space station, where it will be monitored over two years to see if it holds up to the demanding space environment.

But Bigelow is already thinking bigger—his engineers have other inflatable-space habitats undergoing development, including space hotels and moon bases. [Fortune]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Bank Reportedly Looking To Sell $500M In Data Center Loans Following Elections

Simon Achieves 17% Rent Growth On New Leases As Retail Demand Soars

KBS REIT III Gets Short Reprieve On $455M In Office Loans

Former Vornado Exec Gets 11 Years In Prison For Stealing $9.5M From REIT

How To Power The Next Generation Of AI Facilities For Grid Compatibility And Sustainability

'It Has Gotten Worse, And Everybody Is Feeling It': Hiring Slows, Raises Shrink In CRE

Treasury Releases New Nationwide Opportunity Zone Map With 6,600 Tracts

Higher Rates, Economic Uncertainty Push Banks To Tighten CRE Lending Standards

Invesco Closes $97.6M DST Offering

Fannie, Freddie Complete Fraud Reviews On Walker & Dunlop

BVK's Office Raided In Widening Investigation After Big Losses In U.S. Real Estate

'You Need Data At Scale': What Makes Or Breaks AI In CRE