Earlier quoted context omitted.
I don't see any reason to think why it isn't. Unless you don't have a basic understanding about the most primitive laws of physics. Even the slightest mishap at that depth and you're in more trouble than you would be if you were stranded on the ISS.
Some mountains like K2 have an extremely high kill rate and it still happens almost every year. Probably higher killing rate than all the Titanic exploration missions that did not explode in the past. It's not so much about physics but just looking at probability
Those things work right up to the moment that they do not, this stuff is at the cutting edge of technology and tourists simply have absolutely no place there. The only reason those rich folks tend to do stuff like this is because they like to brag about such stuff, not because they're interested in the science behind it (if they were they likely wouldn't go). The Titanic is less accessible than space.