Penny Hole Bay, also known as Pennyhole Bay, is a secluded coastal area located in the parish of Saint Philip on Barbados' southeastern coast. Historically, the surrounding area was known as "Penny Hole," a name that has since been changed to Gemswick. Despite the name change, the bay itself retains its original designation, preserving a piece of the island's heritage.

The bay is characterized by its rugged cliffs and natural beauty, offering a tranquil setting away from the more frequented tourist spots. While not widely known, Penny Hole Bay provides a glimpse into Barbados' untouched coastal landscapes, making it a point of interest for those seeking solitude and natural scenery.