The Greek company Ikos will invest 17 million euros in the expansion of the Ikos Andalusia on the Costa del Sol, the first resort it opened in Spain.
The group has announced that it will further expand the facilities, opened only last May, with 19 luxury villas and suites with three and four bedrooms. The company says that it will make the resort "the largest of all the Ikos properties”, in a chain that has a dozen tourist and privately-owned complexes on the islands of Halkidiki, Corfu and Kos, in Greece; and in Estepona, on the Spanish mainland.
With this significant investment, Ikos will include new pools and restaurants, which will be operational for holidaying guests from 2023, the same year that the 19 luxury villas will be put on the market. The five-star hotel already has 411 rooms and suites distributed in seven buildings.
Among its leisure offer, it offers its clients eight swimming pools and operates with the 'Ikos Infinite Lifestyle' concept, which ‘redefines the all-inclusive luxury offer in the Mediterranean.’
The complex, in which the group has already invested 180 million euros, also has seven restaurants, first-class sports facilities, a theatre, outdoor and heated swimming pools and a spa. In addition, for the most demanding guests it has the Ikos Deluxe Collection range of services, an exclusive service that includes a wide variety of privileges such as the use of a private pool.
The new expansion plan on the Costa del Sol that has just been announced is part of a budgeted 520-million-euro plan for the Ikos chain which includes the acquisition and development of new resorts in Spain, Greece and Portugal, as well as the expansion and improvement of existing properties.
In Spain, it is reported that a few weeks ago Ikos Resorts sealed an agreement with the Roxa Group to acquire the old Blau Porto Petro hotel on the island of Mallorca and transform it into a five-star luxury resort under the Ikos Resorts brand. “With an investment of 100 million euros, and after the complete remodelling of the existing facilities, the Sani-Ikos Group will offer the best all-inclusive luxury experience in Mallorca with the Ikos Porto Petro, which will open its doors in 2023, with 324 rooms, suites and villas”, the company says.
The group is committed to sustainability and points out that it has set objectives which include the achievement of producing zero net emissions by 2030, as well as zero plastics and zero waste by 2024 in all its properties. In addition, it says that “all the group's tourist resorts are supplied with 100 per cent renewable electricity with guarantees of origin, 100 per cent of their wastewater is recycled and a network of more than forty organisations is supported with the challenge of conserving biodiversity on land and sea, as well as helping vulnerable children and families.”