This hotel is thought to be located on the site of the first store in Kyogle which was burnt down in 1927. Hales farm buildings which were also among the earliest in town were located just behind the current hotel building. The first Exchange Hotel built between June and November, 1901, was located further down the street than the current hotel building. This building referred to as Schare's Exchange Hotel, was the site of the first meetings to set up a butter factory at Kyogle. The plan that accompanied the 1904 land sale indicated that the Exchange Hotel was located on Block 8 next to Simpsons Store on the corner of Main Street and Geneva Street.
On the morning of the 6th of July 1927 a disastrous fire razed a row of buildings on the west side of the Main Street including the Exchange Hotel. The new masonry hotel was almost complete by Tooth & Co Ltd in March 1929 and they continued to own the premises until 1982 when it passed to Carlton United Breweries (New South Wales) Pty Ltd, who had purchases all Toothy & Co's interests. According to Hasthorpe on the 27th of July 1990 Bill Greenaway and his wife June purchase the free hold of the Exchange Hotel and associated shops from Carlton United Breweries. Today it continues to operate as a hotel.
Source: New South Wales Heritage Register.
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