Hotel Steyne

What Hotel Steyne does

Hotel Steyne is a heritage hospitality venue established in 1859 at 75 The Corso, Manly, New South Wales, directly opposite Manly Beach, and currently operates as part of the Iris Capital Group portfolio. The asset is a single multi-vertical site that combines 4.5-star hotel accommodation, four distinct food and beverage venues (Beach Bar + Bistro, Miami Rice rooftop Asian restaurant, Beach Club rooftop bar, and Magic's Sports bar), function and event hire spaces, and a gift card program, unified under one heritage building.

The venue's product portfolio is segmented by occasion: ground-floor dining and pub with beach views, rooftop Asian share-plates and bottomless brunch, rooftop cabana-style drinks, and live-sports viewing. Accommodation is distributed through the RMS Cloud booking platform; functions are managed through a separate event enquiry workflow; and gift cards are sold online and redeemable across all venues. There is no proprietary technology platform; operations rely on standard hospitality booking and reservation tooling. Opening hours extend to 3am on weekdays and 6am Friday/Saturday, signaling meaningful late-night beverage revenue contribution.

The business model is direct-to-consumer and transactional, monetizing footfall through food and beverage sales, recurring accommodation revenue (seasonally variable, higher in summer), one-time function hire, and gift card sales. The go-to-market targets leisure tourists visiting Manly Beach and the local Manly/Northern Beaches community, supported by organic social (Facebook, Instagram), the brand website, and email. Community engagement is structurally important: Hotel Steyne actively sponsors 20+ local sports clubs and community organizations, anchoring local habitual patronage.

Name

Hotel Steyne

Legal name

Hotel Steyne

Website

https://hotelsteyne.com.au

Company type

Private

Founded year

1859

Operating status

Operating

Headcount range

11–50 employees

Short description

Hotel Steyne is a heritage 1859 hospitality venue on Manly Beach, Sydney, operating 4.5-star accommodation, four food and beverage outlets (Beach Bar + Bistro, Miami Rice, Beach Club, Magic's Sports), and event spaces, serving tourists and the local Manly community under Iris Capital Group.

Ownership category

akta.pro rank

Product category

Hospitality Services (Hotel, Restaurant & Bar)

NAICS

Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211), Food Services and Drinking Places (722)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Beachfront & Coastal Full-Service Hotels (THAGAAAI)

akta.pro secondary industries

Hotel & Resort Restaurants (THAFACAH), Rooftop Bars & Beach/Pool Bars (THAFAEAJ), Lounge Bars & Hotel Bars (THAFAEAI)

Keywords

• Beachside hotel accommodation
• Rooftop restaurant bar
• Function event venue
• Heritage pub dining
• Sports bar venue

Headquarters

HQ city

Manly, New South Wales

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Food and Beverage Sales: Operates Beach Bar + Bistro (breakfast, lunch, dinner), Miami Rice rooftop restaurant (Asian-style share plates, banquets), and Magic's sports bar. Revenues from dine-in customers ordering from full food and beverage menus.
2. Accommodation: 4.5-star hotel rooms available for booking through RMS Cloud booking platform. Prices vary seasonally with higher rates in summer and lower in winter.
3. Function and Event Hire: Miami Rice and Beach Club function spaces available for private events, corporate functions, and celebrations. Revenue from venue hire and associated food/beverage minimums.
4. Gift Cards and Retail: Online shop selling gift cards for use across all Hotel Steyne venues.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Hotel Steyne operates a single multi-venue hospitality site on The Corso in Manly, NSW, comprising 4.5-star hotel accommodation, the Beach Bar + Bistro (breakfast, lunch, dinner), Miami Rice rooftop Asian-style restaurant with bottomless brunch, Beach Club rooftop bar, Magic's sports bar, and private function/event spaces. Revenue is generated from overnight stays, dine-in food and beverage service, private event hire, and digital gift cards.

Product overview

Hotel Steyne is a heritage hospitality venue established in 1859 offering a multi-faceted experience centered around accommodation, food, and beverage. The venue operates three core branded experiences: the Beach Bar + Bistro (ground-floor dining with beach views), Miami Rice and Beach Club (rooftop bar and restaurant spaces), and Stay (4.5-star accommodation). Additional offerings include Magic's Sports bar for live sports viewing, function spaces for private events, and a bottomless brunch program. The venue's product portfolio is unified under one roof but segmented by experience type, from casual drinks to fine dining to overnight stays.

Differentiator

Problem solved

Functional benefit

Brands

• Miami Rice: Rooftop Asian-style restaurant offering share plates, banquets, cocktails, and bottomless brunch experiences with views over Manly Beach
• Beach Club
• Magic's Sports

Products and services

• Beach Bar + Bistro The main ground-floor dining venue offering sweeping views of Manly Beach, serving breakfast, lunch, and dinner with a menu featuring steaks, seafood, and share plates. Targets walk-in diners, hotel guests, and local patrons seeking casual full-service dining opposite the beach.
• Miami Rice Rooftop Restaurant Rooftop Asian-style restaurant and bar serving share plates, curated banquet menus, cocktails, and bottomless brunch experiences with views over Manly Beach and the Corso. Includes Cabana seating area and a sun-drenched Balcony overlooking Manly Corso. Targets adults seeking elevated rooftop dining experiences.
• Beach Club Rooftop Bar Rooftop beach club bar with cabana seating offering casual drinks and dinner with panoramic Manly Beach views. Targets adults and groups seeking a relaxed rooftop drinks experience separate from the Miami Rice dining offer.
• Magic's Sports Bar Sports bar showing live sports events with a dedicated sports schedule and viewing area. Targets sports fans, local club supporters (including sponsored teams such as Manly Sea Eagles), and patrons seeking a lively viewing atmosphere.
• Hotel Steyne Accommodation (Stay) 4.5-star hotel accommodation featuring recently renovated rooms and suites. Bookable online through the RMS Cloud platform with seasonally variable pricing. Targets leisure travellers and tourists visiting Manly Beach.
• Function and Event Spaces Event and function venue hire within the rooftop spaces (Miami Rice and Beach Club) available for private bookings, corporate functions, birthdays, and celebrations. Includes free Wi-Fi and integrates with on-site catering. Targets event organisers, corporate planners, and individuals hosting group celebrations.
• Bottomless Brunch at Miami Rice Bottomless brunch offering at Miami Rice rooftop available Friday, Saturday, and Sunday with three seatings between 12pm and 4pm. Requires minimum 4 people; all guests must be 18+. Priced per-person. Targets adult groups seeking a structured rooftop brunch experience.
• Hotel Steyne Gift Cards Digital gift cards sold via the online shop, redeemable for food and beverage across all Hotel Steyne venues (Beach Bar + Bistro, Miami Rice, Beach Club, Magic's). Targets individuals purchasing gifts for friends, family, or colleagues.

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• Manly Marlins RugbycoreOthersLocal rugby union club sponsored by Hotel Steyne. The venue serves as a home gathering spot for the club with sponsorship support spanning many years.
• Manly Savers Rugby ClubcoreOthersPartnership spanning more than 20 years. Hotel Steyne described as 'the home of Manly Savers Rugby' providing sponsorship, hosting events, and looking after members in many different ways according to John Szaka.
• Manly Sea EaglescoreOthersMajor NRL club based in the Northern Beaches area. Supported by Hotel Steyne through sponsorship and community engagement.
• Manly Malibu BoardridersminorOthersLocal surfing/boardriding club supported through sponsorship and prizes by Hotel Steyne.
• LocalKind Northern BeachesminorOthersLocal community organization supported by Hotel Steyne through sponsorship and community programs.
• Vipers Running ClubminorOthersLocal running club supported through sponsorship and hosting of club events.
• Magic's Golf TeamminorOthersLocal golf team sponsored by Hotel Steyne.
• North Steyne Surf Life Saving ClubminorOthersLocal SLSC supported through sponsorship and prizes.
• Manly Life Saving ClubminorOthersLocal SLSC supported through sponsorship.
• Manly Rotary ClubminorOthersService organization supported by Hotel Steyne through community engagement.
• Manly Vale FCminorOthersLocal football (soccer) club supported through sponsorship.
• Lifeline Northern BeachesminorOthersMental health and crisis support organization supported through community donations and partnerships.
• Royal Far WestminorOthersHealth services organization for rural and remote children supported by Hotel Steyne community initiatives.
• Manly Business ChamberminorOthersLocal business networking organization that Hotel Steyne engages with as a community member.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• The Strand Hotel Sydney: Heritage multi-level pub and hotel in central Sydney offering rooftop dining, multiple bars, bistro, and accommodation. Closely mirrors Hotel Steyne's combination of heritage building, rooftop venue, multiple F&B outlets, and accommodation.
• The Glenmore Hotel, The Rocks: Heritage Sydney pub with rooftop bar, multiple F&B venues, and event spaces in a premium tourist precinct. Comparable model of heritage building converted into multi-venue hospitality operation with strong tourist appeal.
• The Sebel Sydney Manly Beach: Beachfront apartment-style hotel in Manly offering accommodation and on-site dining near the beach. Competes for the same leisure tourist segment seeking overnight stays on Manly Beach.
• The Manly Pacific (formerly Novotel Manly Pacific): Beachfront full-service hotel located directly on Manly Beach, offering accommodation, dining, and event spaces. Directly competes with Hotel Steyne in the same catchment for both overnight stays and beachfront F&B, making it the most operationally comparable peer.
• Coogee Bay Hotel: Iconic Sydney beachfront heritage pub and hotel in Coogee with multi-venue F&B (multiple bars, bistro, beer garden), accommodation, and event spaces. Closest comparable operating model: heritage beachfront venue offering accommodation plus multiple F&B concepts under one roof.

Regional players

• Pier One Sydney Harbour, Autograph Collection: Waterfront heritage-feel boutique hotel at Walsh Bay offering upscale accommodation and waterfront dining. Comparable as a heritage-styled waterfront hospitality asset combining accommodation and event/dining venues, though targeting a higher price tier and corporate/leisure mix.
• The Grand Pacific Hotel, Sydney (Barangaroo): Waterfront heritage hotel and dining venue in Barangaroo offering upscale accommodation and F&B with harbor views. Comparable as a heritage waterfront hospitality asset with similar multi-venue F&B and accommodation offering, though in a different (more corporate) catchment than Manly.

Emerging players

• Manly Beach House (YHA): Budget-oriented accommodation property in Manly targeting backpackers and budget travelers. Competes for the same Manly beach catchment at a lower price tier, setting the floor on accommodation pricing in the local market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Hotelsteynemanly
• Instagraminstagram.com/hotelsteyne
• LinkedInlinkedin.com/company/hotel-steyne

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hotel Steyne