English
Spanish
French
Arabic
Portuguese
Spanish
Italian
Sani/Ikos Group continues its growth plan with the acquisition of four new properties in Greece and Iberia and the expansion of two existing resorts.
Earlier this year, the group reached an agreement with Roxa Group in Spain to acquire the former Blau Porto Petro hotel on the island of Mallorca and transform it into a five-star luxury all-inclusive resort under the Ikos Resorts brand.
With an investment of €100 million, Sani/Ikos Group aims to offer the best luxury all-inclusive experience in Mallorca - its second resort in Spain. Following the complete redevelopment of the existing facilities, the new Ikos Porto Petro will open in 2023, operating with 324 rooms, suites, and villas.
With the acquisition of the Alfamar Beach Resort in Algarve, Portugal, the Sani/Ikos Group will open another five-star luxury all-inclusive resort as Ikos Cortesia in 2024, following a complete redevelopment worth €140 million. The new property will include 448 rooms, suites, bungalows, and villas. In parallel, an investment plan is already underway by Sani/Ikos Group in Greece, with the acquisition of new properties on the islands of Corfu and Crete.
At, recently acquired, former Club Med Resort in Corfu, Sani/Ikos Group has started the development of Ikos Odisia, a five-star luxury resort located on the same bay as sister property Ikos Dassia.
Sani/Ikos Group has also acquired and consolidated more than 30 individual plots of land to create an area of over 200,000m² with a 600-meter beachfront on the beautiful bay of Kissamos, west of Chania, Crete.
Consult our source for more details:
https://www.breakingtravelnews.com/news/article/sani-ikos-group-unveils-european-expansion-plans/
Hotels Love Greece