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Fashion mogul Chris Burch built a five-star resort on a remote Indonesian island — and it’s officially the best in the world

Nihiwatu

After founding or cofounding several internationally known retail brands — C. Wonder and Tory Burch — and investing in several others, Chris Burch is taking his entrepreneurial eye to a new industry: hospitality.

Burch, together with hotelier James McBride, bought a beach hostel on the Indonesian island of Sumba in 2012. The duo spent $30 million renovating the hostel, then reopened it as a five-star resort called Nihiwatu in 2015.

Nihiwatu was voted the best hotel in the world by Travel + Leisure in 2016.

In an interview with Business Jet Traveler in 2015, Burch said, “I bought it read more >>>

Source : BusinessInsider.Com

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