Hospitality Oaktree Joins Greece’s Sani – Ikos Venture by GTP editing team 8 January 2016 written by GTP editing team 8 January 2016 1 comment Share 0FacebookTwitterLinkedinWhatsappEmail 9 Sani Resort in Halkidiki. LA-based assets management firm Oaktree has joined Sani SA and Ikos SA, both running luxury hotel units in the Halkidiki peninsula, forming a new venture in tourism which aims to expand both brands individually and invest in related projects across Greece. The scheme, which was announced on Thursday, brings together Stavros and Andreas A. Andreadis as the main stakeholders, with the participation of Goldman Sachs Asset Management and Hermes GPE, and Oaktree Capital Management overseeing the investment funds. The mega-deal is a significant move in the tourism sector as plans include large investments across Greece, in the next five years, expected to create over 1,000 jobs, provide a much-needed boost to local economies and upgrade the country’s tourism product. Stavros Andreadis steps in as president of the venture, with current President of the Greek Tourism Confederation (SETE) Andreas Andreadis and Oaktree’s Mathieu Guillemin as managing directors. The merged entity, which will develop separate brands for Sani and Ikos, aims to tap into Sani SA expertise for the creation and operation of luxury hotels across Greece. Immediate actions include the upgrades of the Sani Asterias, Sani Club, Sani Marina, Ikos Oceania and Ikos Olivia. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Athens Airport Passenger Traffic Breaks Record in 2015 next post Crist: Φωτογράφιση νέας collection 2016 στο Blazer Suites You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 1 comment avraam adamidis 11 January 2016 - 17:00 interesting news Reply Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
