We’ve all heard about Richard Branson’s collaboration with Burt Rutan for Virgin Galactic, but this is the first time I heard that a number of companies are offering underwater tours, even building resorts and hotels underwater.

Submitted for your approval: the underwater luxury hotel. A company called Poseidon Resorts is set to break ground (underwater ground, that is) on the world’s first underwater resort on a private island in Fiji this January.

Dubbed Mystery Island, the still-secret site will spread over 225 acres and comprise 24 underwater suites, each submerged in 40 feet of water. The facility will also include a revolving restaurant and bar, a spa, and 27 over-water bungalows with see-through floors. The price: $15,000 per person for seven days, which includes two nights in a beach villa, two nights in an over-water bungalow and two nights in an underwater suite.

And Dubai, naturally, has plans for its own underwater hotel. Set for completion in one year, Crescent Hydropolis will complement the firm’s Hydropalace project in Qingdao, China, which is scheduled to open in 2009 and will be in waters that are 50 to 65 feet below the surface of the Yellow Sea.

Source: http://www.msnbc.msn.com/id/16194525/

Now the question is, if you have a million dollars, would you spend it for a tour of the cosmos or live underwater?