US space startup Galactic Resource Utilisation Space (GRU) has announced plans to build the world’s first permanently operating hotel on the Moon, with construction scheduled to begin in 2029 and the facility expected to open by 2032.

The California-headquartered company said the project has officially moved into the implementation phase, citing growing investor interest and early inquiries from potential customers. Founded by 21-year-old engineer Skyler Chan, GRU claims it has attracted backing from business figures connected to SpaceX, Nvidia, Y Combinator, and defense technology firm Anduril.

As part of the announcement, the company confirmed that preliminary reservations for the lunar hotel are already open. Prospective guests are required to place a $1 million deposit, while the estimated cost of accommodation is expected to start at around $410,000 per night, positioning the project firmly within the ultra-luxury segment of the space tourism market.

GRU plans to conduct a test mission in 2029 to validate the core technologies required for construction and long-term operation in the lunar environment.

A central element of the project is the use of a patented in-situ resource utilization system. The approach involves converting lunar regolith into construction materials, significantly reducing the need to transport supplies from Earth. The hotel is also expected to be assembled using automated and modular systems, allowing the complex to be expanded gradually over time.

According to the company, the lunar hotel is intended not only as a commercial venture but also as a proving ground for future Moon-based infrastructure that could support scientific research, industrial activity, and longer-term human presence beyond Earth.