The hotel site totals 924 square metres and consists of two levels, incorporating six bars throughout the venue, lounge, deck, pool room, beer garden and gaming room.[2]
History
The Victory Hotel was built in 1855. It is the oldest surviving hotel in Brisbane's CBD. The hotel was previously known as the Prince of Wales Hotel and has been altered since that time, including the removal of its verandahs, but retains the main characteristics of a nineteenth century hotel, such as its prominent corner location.[1]
On 27 July 2008, the hotel was extensively damaged by fire, but was rebuilt to be close to its original form and opened again on 9 March 2009.[3][4][5]
The hotel was acquired by Precision Group for $22 million in 2005 from VH Partnership.[2][6]
In February 2023, the lessees ALH announced that they would cease trading at the hotel on Sunday 19 February 2023 as they would not be renewing their 20-year lease.[7] Precision Group expect the hotel will re-open in March 2023 with a new operator.[8]