Having founded and cofounded many internationally recognized brands and investing in several others, Chris Burch is eyeing a whole new industry; hospitality.
In 2012, Burch partnered with another hotelier; James McBride and together they bought a hostel on an island in Indonesia. The two spent close to $ 30 million on renovations of the Inn and later in 2015 opened its doors as a five-star resort and named it Nihiwatu.
In 2016, Nihiwatu was voted the best hotel in the entire world by Travel+Leisure the name Nihiwatu means mortar stone and was named after a rock. The resort is located west Coast of Sumba Island.
During an interview with the business Jet Traveler in 2015, Mr. Burch said he purchased it for his children or as a place he hoped to preserve for the purposes of giving back to the society. When you get a beautiful home, you can do what you can’t be done anywhere else; construct a spa beneath a waterfall, visit places that no person has visited, etc
He continued to say he was equally surprised by how Nihiwatu had turned out a success which is rear as most of the times things out negative.
Mr. Burch divides his time between Miami, the Hamptons, and the resort in Indonesia. That is per the Wall Street Journal. Raja Mendaka, Chris Burch’s private home is among the 27 private villas found at Nihiwatu. The private villa also has four additional villas and a plunge pool.
The resort is the single most employer on the island. A certain percentage of the profit of the resort is channeled to the Sumba Foundation, a team that gives funds to projects carried out by the local community.
Christopher Burch is the CEO and founder of Burch Creative Capital.The Company operates on the philosophy that is guided by the values of Burch’s entrepreneurship and his sight of opportunities. His ability to imagine, incubate, innovate and create has enabled him to build brands that have positive effects on people’s lives.
Mr. Christopher has a solid background in different areas of business that include fashion, technology on top of being a realtor.
In his career that stretches to over four decades as an investor and entrepreneur, Christopher has been at the center of the rise of more than 50 companies. He has built a rapport and understood the behavior of consumers hence knows how to handle them.