THIS is the lunar hotel that billionaires could be  staying at on the moon in the not-so distant future, reports The Sun.

And if you’ve got $1million (£743k) to spare you can reserve a room now. Galactic Resource Utilization Space (GRU) is plotting to open a moon hotel for wealthy space tourists, with the first model opening as soon as 2032.

Their debut hotel will be built on Earth and delivered to the moon by a heavy lander. It’ll be an inflatable structure that can host up to four people for multi-day stays initially.

“Designed to operate for 10 years, the hotel offers views of the lunar landscape and Earth, along with envisioned experiences such as surface experiences including moonwalks, driving, golfing, and other activities,” the firm says.

But bosses have also given a glimpse into far more luxury quarters that they’re planning to launch soon after. Artist renders of what the company’s expanded posh facility might look include stunning rooms lined with cushioned walls for zero gravity guests to bounce off.

The company intends to enclose the inflate habitats with structures made from lunar material. This will allow them to increase the hotel’s capacity to ten guests at a time. GRU also sees their big plans as a springboard to eventually taking humans to live on Mars.

“We live during an inflection point where we can actually become interplanetary before we die,” founder Skyler Chan said, reports Space.com.

“If we succeed, billions of human lives will be born on the moon and Mars and be able to experience the beauty of lunar and martian life.”

They’re hoping to start construction in 2029 but it is pending regulatory approval.

The move comes as efforts to set up permanent bases on the moon ramp up, with China and Russia planning their own long-term presence.

Both countries want to build a power station together as part of a vast Disneyland sized lunar site. The pair plan to have their space base completed by 2036.