Sani/Ikos Group unveils European growth plans | Information

Sani/Ikos Group unveils European expansion plans | News


Sani/Ikos Group continues its development plan with the acquisition of 4 new properties in Greece and Iberia and the growth of two present resorts.

Earlier this 12 months, the group reached an settlement with Roxa Group in Spain to amass the previous Blau Porto Petro resort on the island of Mallorca and rework it right into a five-star luxurious all-inclusive resort beneath the Ikos Resorts model.

With an funding of €100 million, Sani/Ikos Group goals to supply one of the best luxurious all-inclusive expertise in Mallorca – its second resort in Spain.

Following the entire redevelopment of the present services, the brand new Ikos Porto Petro will open in 2023, working with 324 rooms, suites and villas.

With the acquisition of the Alfamar Seashore Resort in Algarve, Portugal, the Sani/Ikos Group will open one other five-star luxurious all-inclusive resort as Ikos Cortesia in 2024, following an entire redevelopment value €140 million.

The brand new property will embody 448 rooms, suites, bungalows and villas.

In parallel, an funding plan is already underway by Sani/Ikos Group in Greece, with the acquisition of recent properties on the islands of Corfu and Crete.

At, not too long ago acquired, former Membership Med Resort in Corfu, Sani/Ikos Group has began the event of Ikos Odisia, a five-star luxurious resort situated on the identical bay as sister property Ikos Dassia.

Ikos Odisia will open in 2023 with 395 new rooms, suites and bungalows following an funding of €125 million.

Sani/Ikos Group has additionally acquired and consolidated greater than 30 particular person plots of land to create an space of over 200,000m² with a 600-metre beachfront on the attractive bay of Kissamos, west of Chania, Crete.

Right here the group will develop its first Ikos resort on the island with an funding of €125 million.

The brand new Ikos Kissamos will accommodate 400 new rooms, suites and bungalows and is scheduled to open in 2025.

Apart from new acquisitions, Sani/Ikos Group continues to concentrate on increasing its present properties with the additional improvement of each Ikos Andalusia in Spain and Porto Sani in Greece.

Ikos Andalusia, Marbella/Estepona, now getting into its second 12 months of operation, will add a brand new assortment of 19 luxurious villas and suites plus new swimming pools and eating places by 2023 following a €17 million funding.

The brand new three and four-bedroom villas would be the largest throughout all Ikos properties and the event will even embody new swimming pools and eating places.

Following the completion of the primary section of refurbishment in 2020, the second section of Porto Sani’s improvement is scheduled for Could.

With a further funding of €13 million, Porto Sani will embody 50 new luxuriously snug suites, two new eating places, new out of doors swimming pools, and a brand new youngsters and creche space.

With its bold funding plan, Sani/Ikos Group goals to contribute to strengthening native communities, combatting unemployment and enhancing the hospitality providing throughout the Mediterranean.

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