Nihiwatu Resort is a luxurious hotel located on the Indonesian island of Sumba. It is known for its breathtaking views, pristine beaches, and world-class amenities.
The resort has gained a lot of attention in recent years, with many people wondering who owns it. In this article, we will take a closer look at the ownership of Nihiwatu Resort.
The Founders
Nihiwatu Resort was founded by Chris Burch and James McBride in 2015. Chris Burch is an American entrepreneur and fashion mogul who has been involved in various businesses over the years.
He is the founder of fashion brand Tory Burch and has also invested in companies such as C. Wonder and Poppin. James McBride is a hotelier who has worked in various luxury hotels around the world.
Acquisition by Billionaire
In 2018, Nihiwatu Resort was acquired by billionaire businessman Phil Readey. Readey is a private equity investor who has been involved in various businesses over the years. He is the founder of Reignwood Group, which owns several businesses including Red Bull China and the Four Seasons Hotel Beijing.
Current Ownership
As of now, Phil Readey remains the owner of Nihiwatu Resort. The resort has become one of his most prized possessions, and he continues to invest heavily in its development.
The Future
Nihiwatu Resort has become one of the most sought-after destinations for travelers looking for a luxurious experience on an exotic island. With its stunning location and world-class amenities, it is no surprise that many people are curious about its ownership.
As for the future, it seems that Nihiwatu Resort will continue to thrive under Phil Readey’s ownership. The resort continues to attract visitors from all over the world, and its reputation as one of the best hotels in the world is well-deserved. Whether you’re looking for a romantic getaway or a family vacation, Nihiwatu Resort is the perfect destination.
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