Slashdot is reporting the announcement of the first "hotel in space." Scheduled to open for business in 2012, a three night stay is expected to cost $4 million dollars. Sure, there are most likely enough people willing to pay that much to make it profitable, but considering there is no commercial orbital vehicle in operation or even in the planning stages (to my knowledge at least), how they gonna get there?

Personally, until shown otherwise I'm placing this one on the same shelf that all the Popular Mechanics pipe dreams sit on.