Entertainment venues and lifestyle brand Pacha Group has generated EUR €118.8 million (approx. USD $139 million) in revenue and €40.5 million ($47m) in EBITDA during the nine months ended September 2025.
The brand, which was acquired by Dubai-based FIVE Holdings two years ago, did not provide year-ago comparisons. It attributed the performance to a “record-breaking season” at Pacha Ibiza nightclub, which, it says drew 583,834 guests across 156 events this season, up 20% YoY. Revenue from the nightclub increased 17% YoY.
Destino Five Ibiza, repositioned as a five-star resort, posted a 41% YoY jump in average daily rate to €580 ($680). The property posted 85% occupancy and 7% revenue growth despite a truncated operating season due to renovations. The venue reopened on June 1.
Parent company FIVE Holdings booked consolidated revenue of AED 1.7 billion ($463 million) and EBITDA of AED 513 million ($140 million). Pacha said it now makes up roughly 30% of FIVE Holdings’ hospitality revenue and about a third of group EBITDA.
Meanwhile, Pacha’s merchandise division booked 59% revenue growth. Retail sales across five Ibiza stores climbed 62% YoY, wholesale business expanded 30%, and e-commerce sales surged 170%.
FIVE Holdings acquired Pacha Group in October 2023 for an undisclosed amount. The transaction included Pacha Ibiza nightclub, Destino Pacha Hotel (subsequently renamed Destino Five Ibiza), Pacha Hotel, Toy Room Club, WooMoon Storytellers, The Pacha Collection fashion line, and the Pacha brand.
FIVE Holdings operates a portfolio worth close to AED 13 billion ($3.54 billion) spanning Dubai, Zurich, and Ibiza. The company runs 1,571 LEED Platinum Keys and carries an ‘A’ ESG rating from ISS.
Pacha Ibiza nightclub received LEED Platinum certification with 81 points, while Pacha Hotel secured the same certification with 83 points. Both operate on 100% renewable electricity.
In 2024, Pacha Group said it avoided 538 metric tons of CO2 equivalent emissions and reduced its carbon footprint by 34%. Destino Five Ibiza cut water consumption by 40% through recycling and conservation systems, contributing to a 7% reduction in group-wide water use in 2024.
FIVE Holdings claims its properties have carbon footprints up to four times lower and water footprints 160% to 280% lower than typical Dubai five-star resorts, citing Cornell University’s CHSB 2024 benchmark.
Back in September, FIVE Holdings reported that it had secured a $460 million revolving credit facility to fuel its global expansion plans. The financing arrangement was struck with Commercial Bank of Dubai, AAIB, and Santander.
FIVE Holdings said the credit will allow the company to repay its $350 million green bond three years ahead of schedule, reducing borrowing costs and freeing up more than $300 million in cash for strategic investments.
The Dubai-based group plans to deploy $500 million over the next two years to expand its presence in entertainment-focused hospitality in Dubai and Ibiza, and to add to its portfolio in the US and Asia, as MBW previously reported.
Music Business Worldwide
