Anyone who’s partied in Ibiza recognizes the name “Pacha.”
Hell, anyone who’s partied anywhere should recognize it. The legendary nightclub is one of the party island’s most famous venues since it was first opened by Ricardo Urgell in 1973.
But now, that epic energy could change forever.
Pacha is for sale for a staggering 500 million euros, although the sale includes other properties owned by Trilantic.
Trilantic is currently selling off 16 of their properties (including nightclubs, hotels and restaurants) after being hit especially hard during the pandemic.
It’s a bit of a head-scratcher though because this summer was, by all reports, a great summer for Trilantic and Pacha, but perhaps the pandemic taught them a hard lesson about the ebb and flow of the hospitality industry. Or perhaps they’re worried about the future of Ibiza after Pacha and several other venues around the island made headlines about a number of serious incidents where women were injected with drugs.
Either way, if you’re looking to keep Pacha the way it’s always been and book Paris Hilton to make tons of cash, you’ll need to either pony up the 500 mil or hope someone with a dedication to the classics buys it and keeps things looking fine and familiar.
Our vote is for David Guetta to buy it. Man-up #SavePacha