Parx Casino Buys Hotel, Plans Renovations

BENSALEM TOWNSHIP, PA —Parx Casino is moving into the hotel business.

Greenwood Racing Inc., the casino's parent company, announced Monday that a subsidiary has purchased The Inn at Fox Chase at 3327 Street Rd.

Over the next 6 to 12 months, the 167-room hotel will be upgraded through an extensive renovation project, officials said.

The six-story hotel was built in 1988 and features an outdoor pool, fitness center, 2,000 plus square feet of meeting space, and an on-site restaurant.

These enhancements will include updates to guest rooms and public areas as well as the transformation of the top floor of the hotel into 16 all-new suites.

Upon completion of the renovations, the hotel will be rebranded.

The hotel will remain open throughout the renovation process, ensuring that guests can continue to enjoy the hospitality and services they have come to expect from The Inn at Fox Chase. All current reservations and group bookings will be honored.

Current eligible employees of The Inn at Fox Chase who wish to stay will be offered continued employment with the new hotel owner as part of the transition.

“For several years, we have been exploring adding a hotel to the Parx complex as we continue to broaden the appeal and geographic reach of the Parx Casino brand. We welcome the Inn at Fox Chase employees to the Parx family and look forward to creating a first-class leisure experience for our guests over the coming months,” said Eric Hausler, chief executive of Greenwood Racing Inc.

Greenwood Racing Inc. is eager to work closely with the local community, guests, and staff to ensure a smooth transition.

More details about the renovation plans and the official rebranding will be shared in the coming months, officials said.

About Greenwood Racing Inc.

Greenwood Racing Inc. owns and operates Parx Casino in Bensalem —the state's top revenue-generating casino. Parx Shippensburg is Pennsylvania’s newest casino property with 500 slot machines. Greenwood Racing also operates Parx Racing, a thoroughbred horse racetrack and simulcasting facility.

Parx Casino and Parx Racing are located in Bensalem, 25 minutes north of center city Philadelphia on Street Road. Parx Casino features more than 180,000 square feet of gaming and sports wagering space with 3,000 slot machines, 148 live table games, and 48 poker tables in a private room; Xcite Center, a 1,500-seat live entertainment venue; nine restaurants and bars; and complimentary parking for more than 5,000 cars.

Parx Racing conducts live racing on a year-round basis and stables more than 1,200 horses at the racetrack facility.

In 2019, Parx Casino launched sports betting with a $10 million world-class sportsbook and online sports betting. Greenwood Racing Inc. affiliates currently conduct online casino gaming in Pennsylvania, New Jersey and Michigan and run sports wagering operations in Pennsylvania, New Jersey, Michigan, Ohio and Maryland under the betPARX brand.