Sani/Ikos Group signs Collective Employment Agreement offering an 8% annual salary rise for 2023

Thessaloniki, 25 January 2023 – The management of Sani/Ikos Group has reached an agreement with the employees’ union for the signing of an Operational Collective Labor Agreement. The new agreement provides for all hotel employees, old and new, that are employed at Sani Resort and Ikos Resorts in Greece, an 8% annual salary increase for 2023 - an increase significantly higher than the corresponding rise provided through the national sectoral collective labor agreement (5.5%) for the same period and will have retroactive effect from 1.1. 2023.

Sani/Ikos Group, leading hospitality group in the Mediterranean, has a workforce of over 6,500 employees, of which 5,300 are in Greece. Since 2015, more than 3,600 new employees have joined the Group, due to its dynamic growth and the expansion of the Sani Resort and Ikos Resorts brands in the region, while by 2025, more than 2,900 new job openings will be created. In 2023, the Group will significantly enhance and further upgrade employee benefits (accommodation, food, transportation, etc.), while it will continue investing in its people’s skills and development, in the support of local communities and local labor markets across its footprint.

About Sani/Ikos Group

The Sani/Ikos Group is an innovative and fast-growing group of luxury resorts in unique beachfront locations in the Mediterranean. Under the brand names Sani Resort and Ikos Resorts, the Group develops, owns and operates over 3,450 rooms and suites spread across 12 unique resorts in Greece and Spain, all ranked amongst the best luxury resorts in the world. The Group has secured additional projects of almost 1,000 rooms, suites and villas for further expansion of the Ikos brand in Greece (Crete) and Portugal (Algarve), with launch planned in 2025 while new destinations are being added in the pipeline. The Sani/Ikos Group aims to continue expanding the Sani Resort and Ikos Resorts brands in Greece and abroad, delivering unparalleled guest hospitality and experiences, as well as creating growth opportunities for its people, significant benefits for the ecosystems surrounding its resorts and value for its investors. As a leader in sustainable hospitality, the Group has an ambitious ESG agenda and is a member of the United Nations Global Compact. For more information, visit https://www.saniikos.com/.