Hemmes buys The Excelsior Hotel

The Excelsior Hotel in Surry Hills has been purchased by the company run by Justin Hemmes, owner of super club The Ivy and founder of the Good Vibrations Festival, according to a report in the Sydney Morning Herald this morning.

Since Sydney’s beloved Hopetoun shut its doors two years ago, The Excelsior Hotel on Forveax street has stepped up to host bands seven nights a week and is one of the last live music venues in Surry Hills. The band room’s capacity is roughly 150, but the likes of Eddy Current Suppression Ring, Super Wild Horses and 6 Ft Hick have graced the small stage in recent years.

The SMH reports that the hotel was purchased for $4.5million and comes less than a year after Hemmes bought the Beresford Hotel around the corner on Bourke Street. The report also claims that Hemmes is eyeing off other venues in the Surry Hills area, which leads us to wonder whether The Hopetoun is on his list of future purchases.