The new craze in space tourism has created an entirely new world of space commercialization. NASA and Blue Origin are promoting their goals of building space hotels within the next five years. Space real estate? Yes. It's coming, along with the concept of Fractional Ownership of Space Assets.
Fractional ownership is a percentage ownership in an asset. It allows owners to share the benefits of the asset such as usage rights, income sharing, priority access, and reduced rates. The benefits that fractional owners receive are comparable to those of timeshare owners.
Fractional ownership is common in the purchase of expensive assets, such as vacation homes, luxury cars, and aircrafts.
And now, The Space Industry.
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