Tourism and hospitality groups Sani/Ikos and Gencom have received the green light to proceed with major tourism investments on the islands of Kos and Santorini, respectively, local media reported this week.
The first project budgeted at 90 million euros involves the renovation and expansion of the former Club Med at Kefalos on Kos. The new 410-room Ikos Kefalos will begin offering five-star services in the spring of 2019.
At the same time, the group’s ongoing project, the revamp of the Corfu Chandris and Dassia Chandris into the five-star Ikos Dassia on Corfu is set to operate in May 2018 with a total investment of 110 million euros.
On Santorini, meanwhile, Gencom has received the go-ahead from relevant bodies including the archaeology council for the construction of four bi-level accommodation facilities plus pool at the island’s Kamari settlement.