ST. LOUIS (February 14, 2023) — With a new year of exploration and professional pursuits on the horizon, The Pennywell St. Louis Downtown, a Hilton Hotel arrives right on time in the heart of St. Louis. The newly renovated property developed by Rockbridge offers an inspiring setting for creative minds and purposeful amenities tailored to the modern business and leisure travelers’ needs. Whether enjoying the scent of freshly brewed coffee while checking your inbox in the hotel’s lobby, toasting to a successful day’s work at The Pennydrop Bar + Kitchen, or venturing beyond the historic 19th-century bank’s walls, this cultured hospitality experience from Hilton brings a new level of sophistication to one of the city’s most vibrant areas and business hubs.

“We are thrilled to launch this exciting new chapter for this historic building as The Pennywell St. Louis Downtown, a Hilton Hotel,” said General Manager Brian Schneider. “Our guests will be fully immersed in the best that St. Louis has to offer. The Pennywell fully embraces the spirit of St. Louis, making it the perfect home base for exploring the city.”

St. Louis has long been recognized as a place where dreams take root and endeavors are invested, and The Pennywell is no different. Embracing the notion that small investments have the power to yield great returns, the hotel takes a personalized approach to service that celebrates each stay as a step towards both personal and professional success. Guests of The Pennywell enjoy access to a state-of-the-art fitness center, contemporary co-working spaces and a lobby lounge offering a productive environment for sticking to weekday routines, while the property’s concierge services and guided walking tours help bring the storied Midwestern city to life outside of working hours.

The property is also home to The Pennydrop Bar + Kitchen, serving breakfast, lunch and dinner with a focus on shareable plates. The approachable yet elevated, menu lends itself to group gatherings and team meals, while a curated “Banker’s Hour” menu offers a selection of rotating whiskey cocktails, beer and wine specials to be indulged in as soon as the workday wraps. Moments of surprise and delight inspired by the property’s banking roots include a “lucky penny” token good for one of the bar’s finely crafted cocktails, such as Dark Money, a signature take on an espresso martini, or a Pennydrop Old Fashioned served in a personal flask that nods to the city’s speakeasy past.

The former Merchants-Laclede National Bank, now home to The Pennywell, originated in 1885 and quickly became a pioneering example of St. Louis architecture that inspired a new style for generations to come. Designed by Jacky Arena Interiors, the hotel’s refined, hospitable and thoughtful design furthers the historic building and hotel’s entrepreneurial spirit. Numerous historical elements, such as the original 1888 vault doors, vintage décor and intricate architectural details, echo the location’s important place in the city’s history while gold and green accents lend a clever nod to the building’s financial past. The property’s 195 classically influenced guest rooms welcome travelers with modern amenities and pops of color. Pet-friendly accommodations allow for guests to bring the whole family along for their stay.

Due to its proximity to America’s Center Convention Complex, The Pennywell is an impeccable choice for groups and business travelers alike. The hotel offers a total of 5,113 square feet of impressive event space appointed with trendy fixtures and stately marble, hardwood and metal finishes, making it the perfect venue for distinguished corporate meetings, picturesque weddings and one-of-a-kind special occasions.

With its enviable home overlooking 4th & Olive Streets, the hotel boasts a central and exciting location in downtown St. Louis, located only a half-mile from the Gateway Arch, America’s Center and countless other spots to shop, eat and explore. Busch Stadium, the city’s premiere sports destination, is a short 5-minute walk from the hotel’s front door, making the new property a winning choice for sports lovers.

“Given our unique location near the city’s top destinations for both leisure and business travelers, we have designed The Pennywell to exceed expectations no matter what adventure awaits you in St. Louis,” remarked Schneider. “Our welcoming accommodations, inventive food and beverage and bespoke concierge services are sure to make every visit a dream.

The hotel is now accepting bookings at, with rates starting at $199. In celebration of its opening, guests are invited to book The Penny Package, a quintessential St. Louis experience inspired by the building’s history that includes signature Pennywell chocolate coins and 50 Penny Notes ($50) to redeem at Pennydrop Bar + Kitchen. To stay up to date on exciting offerings from the new property, follow the hotel on Facebook and Instagram.