Hotelier Jason Marlow has announced the acquisition of the Peachtree Hotel in Penrith, unveiling exciting plans to create a family-friendly venue with a focus on quality food and entertainment.
“We’re not in the nightclub business and want to ensure that it stays this way. We’re dedicated to providing the community with a family-friendly, hub for socialising, not simply a local watering hole,” Marlow said of the purchase.
The reinvigorated Peachtree Hotel will bring warm, friendly service and a close-knit community vibe to the area.
It will offer a number of function spaces as well as a wide variety of casual dining options which will boast a relaxed, family-focused place for locals to meet, eat and enjoy a drink.
“We know Penrith residents love being out and about within their community,” Marlow said.
“With the rate of development and the commencement of the airport, we believe the workforce will be located closer to home, resulting in more quality time with family and friends. Peachtree Hotel will be the new favourite local for some awesome pub bistro fair.
“We’re renowned for bringing quality food to our venues to deliver an exceptional dining experience for our patrons – something we’re excited to bring to the Peachtree Hotel.”
The Peachtree Hotel will also feature a new indoor kids play facility, making a
truly family-friendly destination for locals.
It is understood the purchase price was $16.5 million.