First, it was the roof collapsing, now it's the business: Stonewall Hotel Pty Ltd, the company behind the Oxford Street gay bar Stonewall Hotel, which was recently acquired by US-based Pride Holdings Group, has fallen into administration.
Oxford Street
US-based Pride Holdings Group, which acquired the Stonewall Hotel business in Darlinghurst last year, has secured a 10-year lease over the former Kuleto's cocktail bar in Newtown as part of an expansion of the Stonewall brand into Sydney’s inner west, with an opening planned for January.
An announcement about the details of the official 2026 Mardi Gras Party could be made as soon as this week.
A man who hurled homophobic abuse at a staff member inside Oxford Street queer bar Universal Sydney has been sentenced after pleading guilty to intimidation, according to reporting by The Daily Telegraph.
After years of feeling like they didn't fit into Sydney's drag scene, local performer Crème recently claimed a standout victory – taking home $10,000 as the winner of the annual Slay 2 Stay drag competition at Oxford Street's Universal nightclub.
When a little-known US company quietly posted a press release on its website announcing it had acquired Sydney’s legendary Stonewall Hotel last month, the news flew under the radar.
Sydney Gay and Lesbian Mardi Gras has confirmed its official all-night flagship party will return in 2026 – but the venue remains under wraps, with organisers yet to reveal where the festival’s biggest night will be staged.
Stonewall Hotel’s former co-owners were bought out by the venue’s new American owner using shares valued at $US6 million ($A9.2 million) when the deal to acquire the Sydney gay bar was struck – stock that has since more than doubled in value.
Oxford Street venue Universal Sydney is launching a new six-week queer event aimed at university-aged partygoers, transforming its main bar into a Y2K-inspired playground packed with drag, DJs and giveaways.
Ultimately, and perhaps sadly, creating spaces where people feel included, safe and comfortable sometimes means drawing lines that exclude others.









