Man charged with Sydney hotel stabbing

A 61-year-old has been taken into custody over the stabbing of an elderly man at an inner Sydney hotel.

Police arrested the man at a Wollongong home on Sunday afternoon, a day after he allegedly stabbed an 82-year-old man in the chest at an Alexandria venue following an argument.

It's believed the pair knew each other. The elderly man is in a stable condition after having emergency surgery at the Royal Prince Alfred Hospital.

The 61-year-old is due to face the Wollongong Local Court on Monday charged with wounding with intent to cause grievous bodily harm.