AX Partners is pleased to announce the acquisition of the Hotel SIR Joan Ibiza, an iconic asset located in Marina Botafoch, on the seafront, in Ibiza.

With an investment of over €28M, the firm will open the first five-star NH Collection in the Balearic Islands with Minor Hotels. The operation is a further step in AX Partners’ investment strategy in prime mid-market hotels. To enhance the guest experience, Salvaje World is the strategic F&B partner.

The asset represents a unique investment in one of Europe’s most dynamic hotel markets, combining international appeal with strong growth potential.