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Galactic Resource Utilisation Space (GRU) plans to construct the first permanent hotel on the Moon by 2032, with a $1 million deposit required for reservations. Founded by Skyler Chan, the project aims to begin construction in 2029, pending regulatory approval, and will utilize lunar soil for building materials. Backed by investors from Nvidia, SpaceX, and Y Combinator, GRU envisions lunar tourism as essential for developing the lunar economy and supporting future Mars missions.