Penny Royal Hotel
The Penny Royal has a great location within walking distance to Launceton’s restaurants and just around the corner from the stunning Cataract Gorge on the Tamar River. Originally built as a mill in 1840, the structure was moved to Launceston, rebuilt as a hotel, and recently modernized with a new addition. The interior is modern, while the exterior retains its vintage stone facade. The guest rooms are large and the staff is friendly and helpful.