A California-based startup, Galactic Resource Utilisation Space (GRU), plans to build the first permanent hotel on the moon by 2032. Prospective guests must deposit $1 million for a vacation, with construction slated to begin in 2029 pending regulatory approval. The company aims to utilize lunar soil for construction and sees lunar tourism as crucial for humanity becoming an interplanetary species. Initial clientele is expected to include wealthy individuals and honeymooners.