The luxury resort operator, which was founded by South African entrepreneur Grant Horsfield in China, launched the naked Stables 10 years ago in Zhejiang’s Moganshan mountain, just three hours’ drive distance from Shanghai. Six years later, the next resort naked Castle was launched in the same area. During the time, naked Group also opened naked Hub co-working space, but then swiftly sold the co-working unit to WeWork and refocused on resorts.
Mr. Mehta said the company has grown and matured over the past years, adding a foundation with discipline and structure to expand faster while maintaining the entrepreneur spirit of doing things in a nimble way.
“Back in 2011, we were like a toddler, not independent,” Mr. Mehta commented. “Now we're going through our challenges of teenage years. We are in the process of an evolution where we are learning things and getting more and more independent.”