Business News Live Business

Ibiza Rocks to withdraw from Mallorca

By | Published on Thursday 17 July 2014

Ibiza Rocks

The Ibiza Rocks people have announced they’ll end their operations in Mallorca later this year – though please note this is actually a change in “strategic agenda”.

Ibiza Rocks extended onto neighbouring Balearic Isle Mallorca – or Majorca if you prefer – five years ago setting up a base in Magaluf, a resort which has become famous for a very different clubbing franchise in recent weeks. But the Ibiza Rocks Group will now depart from the island at the end of this season, with a view to focusing on its operation on Ibiza itself, and spin-off ventures beyond the Balearics

Ibiza Rocks CEO Andy McKay told CMU: “As the Ibiza Rocks Group expands with exciting new hotel and event projects in Ibiza and beyond, our strategic agenda has changed and the time is right for us to move on at the end of the summer season”.

He went on: “We are really proud of what we have brought to the Mallorcan resort of Magaluf but we are pulling out of the resort in September. We will concentrate on building our Ibizan infrastructure and our global expansion plan and feel this is the right movement at the right moment for the Ibiza Rocks brand”.