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For decades they have served as the integral threads of Sydney s colourful night-time fabric. But the modern-day nightclub, dozens of which have shuttered in the past 12 months, look poised to face permanent extinction as Sydney s hospitality giants shift their interests into social-distancing-friendly pubs and hotels. In the past eight months alone more than $265 million worth of pubs have changed hands in Sydney with big guns Merivale, Laundy Hotels and Sam Arnaout s Iris Capital accounting for a huge boom in hotel sales. It comes as nightclub owners and operators continue to offload in droves with just two small strip clubs currently operating along Kings Cross s once heaving Golden Mile .

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