Local landmark the Penrith Valley Inn has been snatched up by Redstar Hotel Group, after being on the market for almost a year.
The motel is set to undergo a complete rebrand, including soft immediate refurbishments and a name change.
It will now be known as the Select Inn Penrith.
Operations Manager Melinda Bru-Matich said the company was excited to invest in an expanding region like Penrith.
“There’s just so much around here, with iFly, Panthers, the Nepean River and eventually the airport, we want to bring back tour groups when COVID restrictions allow us to,” she said.
“What’s important to Redstar is that we have destinations where people can not only relax, revive and get away but also to be able to explore the area and this property is in a prime location for that.
“The vision is to bring in outbound and inbound groups and work with the local attractions.”
The premises have undergone some minor refurbishments as the company begins re-branding.
“It’s been a little neglected over the past years but we’ve done a really deep clean of the property and soft refurbishments, repainting and revamping old rooms, we’re completely rebranding,” Ms Bru-Matich said.
“We will eventually re-open the restaurant but most likely not during their first year of trade and afterwards will offer special function hire and corporate events.”
The Penrith Valley Inn has a rich history within the Penrith community and was originally owned by Ross Sinclair, who also previously owned the iconic Log Cabin, which was destroyed by fire in 2012.
Eventually the Inn was sold on to the most recent previous owners, and then placed on the market again last year.
Ms Bru-Matich said the company was looking forward to revitalising the Inn to its former glory and bringing tourism back into the region – during and post the Coronavirus pandemic.
“The Penrith area is really up and coming and that property and its location is just stunning, right near the beautiful Nepean River,” she said.
Redstar held a special Soft Grand Opening last Friday to celebrate their new ownership.
A graduate of Western Sydney University, Nicola Barton is a news journalist with the Western Weekender, primarily covering crime and politics.