Pride Holdings Group (OTC: PHSE) announced today that it has secured a 10-year lease of Stonewall Newtown, an iconic LGBTQ+ venue in Sydney, Australia. The lease, facilitated by Craig Bell, enables the company to revitalize and relaunch the venue while preserving its cultural and community significance. Major refurbishments and upgrades are already underway, including improvements to entertainment spaces, facilities, sound and lighting, and accessibility. The newly revitalized Stonewall Newtown is planned to open in early January 2026, ushering in a fresh era of entertainment, inclusivity, and community-driven programming.
This lease represents the third expansion by Pride Holdings Group into Australia and Asia in the past four months, as the company strengthens its position as a leading LGBTQ+ hospitality and cultural entity. Mike Barrett, CEO of Pride Holdings Group, stated, "Great to keep the international expansion of Pride Holdings Group moving along. This is our 3rd expansion into Australia and Asia in the past 4 months, and we look to further strengthen our position as the preeminent LGBTQ+ company in Australia. As we continue to develop our brands in this region of the World, we will look to open more locations around Australia, New Zealand and Asia in 2026 and beyond."
Pride Holdings Group is a publicly traded company (OTC: PHSE) focused on acquiring high-value properties, launching tech-enabled membership platforms, and creating new revenue channels through agency services. The company aims to set a global standard for inclusive hospitality while delivering sustainable growth to shareholders. The refurbishment of Stonewall Newtown is expected to elevate the guest experience and honor the venue's legacy as a safe and welcoming space for the LGBTQ+ community.
For more information about Pride Holdings Group, visit the original release at NewMediaWire.
