MEDIA STATEMENT Sydney, 20 August 2026

Solotel confirms sale of The Bank and Clock Hotels

Solotel today confirmed that Amalgamated has entered into an agreement to sell the Bank and Clock Hotels to Australian Venue Co.

The announcement follows Solotel’s recent confirmation of the sale of the Sackville Hotel to Merivale.

Solotel will continue to manage and operate the venues until completion, with handover timing and transition arrangements to be confirmed in due course.

The Bank and the Clock, together with the Sackville Hotel, were placed on the market by Amalgamated in May 2026, as announced at the time by Solotel.

The Bank and Clock, together with the Sackville Hotel, were placed on the market by Amalgamated in May 2026, as announced at the time by Solotel.

“The Bank and the Clock are two of Sydney's most iconic pubs. We are proud of how we have grown the venues over the last two decades, and we are confident that AVC will be a strong custodian for its next chapter.” said Solotel CEO Elliot Solomon.

“As we set out earlier this year, Solotel is reshaping into a more focused, Solomon family-led group, with greater concentration on the venues and properties where we can invest confidently for the long-term.”

“This gives us a clearer platform to keep improving the guest experience and to build distinctive venues that people strongly associate with the Solotel name.”

Solotel will engage directly with venue employees regarding transition arrangements as the transaction progresses.

ENDS

Media contact: Richard Peters Ph 0438 582 919 richardp@bastionagency.com