The UK-based multinational InterContinental Hotels Group (IHG) is developing the $18.8 million Holiday Inn Express in conjunction with the leagues club.
The hotel is part of the club’s $40 million expansion plan.
Built by FDC Construction and to be known as the Holiday Inn Sydney St Marys, the hotel will be located adjacent to the existing club and linked to it by a covered walkway to form part of the club’s entertainment precinct
The hotel will also include a business centre, gym and meeting rooms, and additional parking will be provided.
"We are delighted to announce this new hotel which will be developed over the coming year,” said club CEO, Rod Desborougth.
“The concept of a hotel has been on the drawing board for about 20 years (and) to see it eventuating is very exciting”
The head of development Australasia & Japan, IHG Matt Tripolone, said the deal was "very important and a timely one for IHG".
“The positioning of Holiday Inn Sydney St Marys provides the opportunity to expand our footprint in this prime location, ideally suited to both weekday and weekend travellers.
"As we've seen with the success of our other Holiday Inn franchises in Warwick Farm and Parramatta, this will be a very popular accommodation option for visitors to the area, and a solid investment for St Marys Rugby League Club."
Penrith Mayor, John Thain, said the hotel would be a welcome addition to the area.
