FIVE is set to invest $500 million over the next two years to expand and elevate its portfolio of world-class entertainment assets. FIVE Holdings, owners of The Pacha Group and FIVE Hotels and Resorts, has secured a landmark $460 million Revolving Credit Facility (RCF) with leading financial institutions — Commercial Bank of Dubai, Arab African International Bank, and Santander.
With this Commitment, FIVE Holdings will Strengthen its footprint in Ibiza and Dubai, where its portfolio already includes The Pacha Group’s Pacha Ibiza Nightclub, Destino Five Ibiza, and the Pacha Hotel, as well as FIVE Palm Jumeirah, FIVE Jumeirah Village and FIVE LUXE JBR.
Music is woven into the very fabric of FIVE Hotels and Resorts, shaping an atmosphere where unforgettable moments come alive. By curating the hottest international DJs, cutting-edge productions, and high-energy day-to-night parties, FIVE has cemented itself as Dubai’s ultimate stage for music-driven experiences that draw crowds from every corner of the world.
Dubai’s legendary day-to-night beach party series, Bohemia Presents at FIVE Palm Jumeirah blends its signature fusion of high-energy music with world-class entertainment and unapologetic glamour. Known for transforming Saturdays into a sun-soaked, sound-driven spectacle, Bohemia Presents has hosted music industry stalwarts such as French Montana, Diplo, Lost Frequencies, Robin Schulz, Dimitri Vegas, Sonny Fodera, and Jan Blomqvist, amongst others — and an effortlessly vibrant crowd.
Imported from the legendary Pacha Group in Ibiza, Pacha ICONS has evolved into a world-class music travelling event concept, delivering VIP service, world-class production and unforgettable performances that take place at Playa Pacha, Dubai’s most exclusive pool and beach club at FIVE LUXE JBR. The distinctive energy of Pacha ICONS has drawn life-celebrating audiences from across the globe with its international pedigree and reputation for hosting world-renowned DJs and artists such as Keinemusik’s Rampa and Adam Port, Solomun, Black Coffee, Mayan Warrior, ANOTR, Frank Storm, East End Dubs Mochakk, CamelPhat, Marco Carola presents Music On and more, Pacha ICONS has become synonymous with cultural prestige, style and unparalleled entertainment in Dubai.
This music ecosystem is equally powerful in Ibiza, where Destino Five Ibiza takes the stage as the island outpost of the brand’s sound revolution. Here, Pacha ICONS continues its legacy under the stars, with the resort’s iconic open-air stage playing host to electrifying lineups — from Music On with Marco Carola to Solomun, CamelPhat, BLOND:ISH, Mau P, Franky Rizardo, Mason Collective and more — creating nights that embody the very soul of Ibiza’s soundscape.
And just moments away, the birthplace of it all — Pacha Ibiza, the world’s most iconic house music nightclub for over 50 years — continues to define the global electronic music scene with the biggest names in the industry. From residencies with Sonny Fodera, CamelPhat, BLOND:ISH’s Abracadabra, Defected, Marco Carola Presents Music On, and Flower Power with Bora Uzer, to world-renowned nights such as Solomun +1, Pure Pacha with Robin Schulz, and Baddest Behaviour with Mau P, Pacha Ibiza remains the heartbeat of dance music culture worldwide.

From Dubai to Ibiza, and soon across Spain, Asia, the United States, and the UAE, FIVE Holdings is not just expanding its footprint — it is shaping the future of global experiential entertainment, redefining how the world lives, dines, and celebrates.
“The support of leading global banks for this facility unwaveringly affirms their trust in FIVE Holdings’ vision and financial resilience – Kabir Mulchandani, Chairman and CEO of FIVE Holdings says – Our banking partners, who aligned with our vision as early adopters, have been instrumental in powering FIVE’s growth. At FIVE, we identified early on the transformative power of experiential hospitality — where live gastronomy and high-energy entertainment driven by electronic music converge. This isn’t just a trend; it’s the future of global tourism. Our positioning today is no accident — it is the result of a bold, forward-thinking strategy, conceptualised and executed since 2018”.
images: Five Hotels and Resorts and Kabir Mulchandani, Chairman and Chief Executive, FIVE Holdings