Not much has been happening on the space tourism front, other than a few suborbital flights gently brushing the cheek space.
Tourism in outer space would be very exciting for the lucky individuals who will be able to afford it. Amazingly, humankind has had the technology to create an orbital abode for the last few decades. What we have lacked was the will to go and stay in space.
Besides, there really is no need for a human presence in space; robots can do the job cheaper and safer. This is certainly true; we therefore need to create a reason to have humans in space.
Only one industry absolutely requires humans in space: tourism. And just like tourism (basically) drove the airline industry to unparalleled economic heights, so will the spaceline industry.
Orbital tourism itself is relatively young; Dennis Tito paid $20,000,000 USD for a ticket to the I.S.S. in AD 2001. More people followed, but NASA never quite made a profit.
It is very expensive to fly into space, just like it was very expensive to fly on airliners at the dawn of commercial flight. Still, at the dawn of human spaceflight, orbital tourism seemed like it was only a few decades away.
With all of our infrastructure in place (read: Space Station Alpha), flying into space will still be expensive, but not as expensive as the competition (which is virtually nonexistent).
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