Cathy Guetta’s Bikini Beach Bites the Dust

Ibiza is a tough place to do business and all that glitters isn’t gold as Cathy Guetta has found out this week to her cost.

Bikini Beach, the beach club situated in Talamanca and co-owned by the businesswoman and ex-wife of superstar DJ David Guetta, declared bankruptcy on 11 March in proceedings at a Palma courthouse.

Details were published this week confirming the bankruptcy and advising creditors that an administrator has been appointed and for all outstanding bills to be submitted with a month.

The Bikini Beach Restaurant, known as ‘Bikini by Cathy Guetta’, opened its doors in May 2018 and was one of the two beach restaurants that Ms Guetta opened last summer in Talamanca, both in partnership with businessman Radouane Mahrouk. The second, ‘Turquoise’, opened its doors in July.

Guetta also has an interest in ‘Bagatelle Beach Ibiza’, located on the beach of Cala Molí in San Jose which opened in 2017.

Source: Diario de Ibiza

Author: Martin Makepeace

Englishman living and working in Ibiza since 1991. Entrepreneur with a passion for villas, boats, sunsets and San Antonio. Owner of Ibiza Property Shop and Ibiza Speedboats.

3 thoughts on “Cathy Guetta’s Bikini Beach Bites the Dust”

  1. I wonder how you can file bankrupcy with a place like that club in Playa d’en Bossa last year. If you buy a soft drink at wholesale price for 10Cents (?) and selling it for 10€ their should be enough left over to pay the loan for the pink flamingos. The customers are doing their very best to spent as much money as possible and still they are not profitable.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s