{"id":80953,"date":"2025-01-13T12:46:39","date_gmt":"2025-01-13T11:46:39","guid":{"rendered":"https:\/\/lavozdeibiza.com\/sin-categorizar\/2025\/01\/13\/a-fund-buys-the-sir-joan-to-convert-it-into-the-first-nh-collection-in-ibiza-for-28-million-euros\/"},"modified":"2025-01-13T12:46:39","modified_gmt":"2025-01-13T11:46:39","slug":"a-fund-buys-the-sir-joan-to-convert-it-into-the-first-nh-collection-in-ibiza-for-28-million-euros","status":"publish","type":"post","link":"https:\/\/lavozdeibiza.com\/en\/current-news\/a-fund-buys-the-sir-joan-to-convert-it-into-the-first-nh-collection-in-ibiza-for-28-million-euros\/","title":{"rendered":"A fund buys the Sir Joan to convert it into the first NH Collection in Ibiza for 28 million euros."},"content":{"rendered":"<p><strong>Ibiza will have its first NH Collection hotel <\/strong>with the transformation of the emblematic Sir Joan. Real estate investment manager <a href=\"https:\/\/axpartners.fund\/\"><strong>AX Partners<\/strong>,<\/a> based in Barcelona and Luxembourg, has acquired the iconic <strong>Sir Joan Hotel in Ibiza<\/strong> in a deal valued at <strong>28 million euros<\/strong>, which includes its purchase and an ambitious renovation. <\/p>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/actualidad\/2025\/01\/07\/leonardo-hotels-impulsa-su-presencia-en-ibiza-con-una-apuesta-por-la-alta-cocina\/?swcfpc=1\">Leonardo Hotels boosts its presence in Ibiza with a bet on haute cuisine<\/a><\/h5>\n<\/li>\n<\/ul>\n<p>This project aims to reposition the hotel under the standards of the prestigious<a href=\"https:\/\/www.googleadservices.com\/pagead\/aclk?sa=L&amp;ai=DChcSEwjJ2Yq7z_KKAxU6JUQIHS1VCYcYABABGgJkeg&amp;co=1&amp;ase=2&amp;gclid=Cj0KCQiAkJO8BhCGARIsAMkswyi4GG88lRdaFLmzNC63rfejq_49jIgmrx4Lo3LcRivlCQTeu2phpzQaAgedEALw_wcB&amp;ohost=www.google.com&amp;cid=CAESV-D2PDVDaigx0erzMviuNO5wzes_N0zXm1szj3hlacjNH5Y4o63Nvb-hsrGCyAIMo4_75gu94jwr5eBbPPaAa7EeJBKuNias4pXizeu3U3IWGkaGRzFXcw&amp;sig=AOD64_09YbO7vLMJCdkaGxU7qDZtXVGjJA&amp;q&amp;nis=4&amp;adurl&amp;ved=2ahUKEwiFoIC7z_KKAxVZtJUCHcPHKf4Q0Qx6BAgNEAE\"><strong> NH Collection<\/strong><\/a> brand<a href=\"https:\/\/www.googleadservices.com\/pagead\/aclk?sa=L&amp;ai=DChcSEwjJ2Yq7z_KKAxU6JUQIHS1VCYcYABABGgJkeg&amp;co=1&amp;ase=2&amp;gclid=Cj0KCQiAkJO8BhCGARIsAMkswyi4GG88lRdaFLmzNC63rfejq_49jIgmrx4Lo3LcRivlCQTeu2phpzQaAgedEALw_wcB&amp;ohost=www.google.com&amp;cid=CAESV-D2PDVDaigx0erzMviuNO5wzes_N0zXm1szj3hlacjNH5Y4o63Nvb-hsrGCyAIMo4_75gu94jwr5eBbPPaAa7EeJBKuNias4pXizeu3U3IWGkaGRzFXcw&amp;sig=AOD64_09YbO7vLMJCdkaGxU7qDZtXVGjJA&amp;q&amp;nis=4&amp;adurl&amp;ved=2ahUKEwiFoIC7z_KKAxVZtJUCHcPHKf4Q0Qx6BAgNEAE\">,<\/a> marking a milestone in the island&#8217;s tourism sector. It will have <strong>38 rooms and suites<\/strong>, with privileged views of the port of Vila and the old town. The initiative contemplates a significant investment to modernize its facilities, respecting the essence of the building, while enhancing both the<strong> quality of its services and its overall attractiveness<\/strong>. As <strong>Aleix Recasens,<\/strong> founding partner of AX Partners, explained to <em>Revista Hosteler\u00eda<\/em>, &#8220;the Sir Joan has been a reference in design and location in the city of Ibiza, we acquired it with the aim of <strong>boosting its returns from the hand of a reference brand and a stronger contract<\/strong>&#8220;. In addition, he added that &#8220;we have chosen NH Collection because of its solvency and ability to manage premium hotels in iconic destinations while maximizing the efficiency of its hotels, as well as its <em>expertise<\/em> in successfully managing leisure and restaurant offerings&#8221;. The <em>chief executive officer<\/em> of<strong> Minor Hotels Europe &amp; Americas, Gonzalo Aguilar, <\/strong>said, &#8220;<strong>The entry of our NH Collection brand into the Balearic Islands tourism market is excellent news.<\/strong> We will also position ourselves with an emblematic asset that will strengthen both our presence in Spain as a whole and our offer in a key location for our main outbound markets in the rest of Europe. It is also a significant milestone that coincides with the tenth anniversary of our NH Collection brand, which has established itself as a benchmark of quality around the world&#8221;. <\/p>\n<p style=\"font-weight: inherit; font-style: inherit;\">In parallel, AX Partners&#8217; expansion strategy includes the acquisition of a <strong>new hotel on the Costa Brava<\/strong> in the coming months, where it will also carry out a revaluation and optimization of its management together with a leading hotel brand. If completed, the firm will manage hotel assets valued at <strong>80 million euros.<\/strong> <\/p>\n<p>&#8220;<strong>Our<\/strong>priority is to consolidate our position as one of the leaders in hotel operations in Spain, a solid partner for our investors and the major operators and brands in the market. Our investment strategy is focused on unique and emblematic assets, small jewels in the best locations, to which we can add value,&#8221; said Recasens, according to Revista Hosteler\u00eda. <\/p>\n<h5>Continue reading:<\/h5>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/actualidad\/2025\/01\/07\/la-responsabilidad-de-dirigir-el-hotel-mas-rentable-de-melia-en-espana-desde-ibiza-hay-margen-para-subir-los-precios\/?swcfpc=1\">The responsibility of managing Meli\u00e0&#8217;s most profitable hotel in Spain from Ibiza: &#8220;There is room to raise prices&#8221;.<\/a><\/h5>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Real estate investment manager AX Partners is acquiring the iconic Hotel Sir Joan in Ibiza, in a deal valued at 28 million euros that includes its purchase and an ambitious renovation.<\/p>\n","protected":false},"author":17,"featured_media":80951,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[3213,2910,2918],"tags":[2920,2921,5454,5819],"ppma_author":[2646],"class_list":["post-80953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-current-news","category-ibiza-en","tag-actualidad-1-en-2","tag-actualidad-2-en","tag-business","tag-hotel-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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