Toucans Tiki Lounge closing this weekend; will rebrand in 2027 with new name

Jesus Reyes

PALM SPRINGS, Calif. (KESQ) – Toucans Tiki Lounge in downtown Palm Springs is set to close its doors this weekend after 24 years, management announced on social media.

Toucans, a valley favorite for drag shows and dancing, will be rebranding and will reopen in 2027 as “3 Dollar Bill Palm Springs.”

Management said it is a joint venture with its sister venue in Brooklyn, New York and Flip Phone Events.

Full message from Toucans on Facebook:

“Dear Toucans Family,

For the last 24 years, Toucans Tiki Lounge has been the Coachella Valley’s premier destination for drag, dancing, and unforgettable nights. This coming weekend marks our final weekend as Toucan’s Tiki Lounge. Join us as we celebrate the memories, performances and history that made this place so special!

But don’t cry, darlings… this is just the beginning!

In 2027, we’re reopening as 3 Dollar Bill Palm Springs! A joint venture with our sister venue in Brooklyn, NY and Flip Phone Events. We’re bringing a fresh new era of drag, dance, and parties to the Coachella Valley. Expect big energy, tons of fun, and a little craziness!

Stay tuned for our grand opening celebration.

See you on the flip side,

Team 3 Dollar Bill Palm Springs”

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