The sale of the 104-year-old hotel, offered for the first time since being built by the Whelan family, takes total pub sales this year in NSW passed $1b.
, the Strathfield Hotel bolsters a $5 billion hospitality and development empire that turns over $500 million a year and employs 1500 people.
“We are particularly excited about this purchase given not only the privilege to take stewardship from the highly regarded Whelan family after 100 years of ownership, but also because my own family share such an affinity with the hotel and area,” said Following the sale, Mr Whelan said Mr Arnaout was best placed to ensure the hotel’s “maximisation, longevity and maintain its status as a landmark in Strathfield”.“After such a long association, all family members are today thinking about the generations of Whelans who worked both in and around the hotel with fond sentiment,” Mr Whelan said.
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