Chris Burch has founded and cofounded several international retails like Tory Burch and C. Wonder. He is now taking his entrepreneurial eye to the hospitality industry. Chris bought a beach hotel on the Indonesian Island of Sumba together with James McBride in 2012. James is an hotelier. The two investors renovated the hostel at the cost of $30 million. They later reopened the hotel known as Nihiwatu as a five-star in 2015.
Nihiwatu received an award as the best hotel in the world in 2016 by Travel+ Leisure. During an interview in 2015 with Business Jet Traveler, Chris said that he purchased the hotel for his children and as a piece that he hopes to preserve and give back to the community’, check this on bjtonline.com. Chris added that Nihiwatu has turned into something greater than he expected, saying that it is a rare occurrence since in business things don’t always turn out as expected.
Chris Burch divides his time between the Hamptons, Miami, and his resort in Indonesia. Nihiwatu has 27 villas including Chris’ private home and Raja Mendaka. Additionally, the section has four other villas and the main house, with each villa having a private plunge pool. His private home is available to guests. The best part is that guests who stay at the plunge pool get beautiful views over Nihi Beach across the Indian Ocean. Visitors also enjoy a large indoor-outdoor entertaining area. Nihiwatu is nicknamed “The Edge of Wilderness.”
The hotel has a beach spa, though guests can still enjoy treatments from their rooms. It features traditional Sumbanese antiques, Ikat prints, and local wood. Additionally, it has a wellness center that offers daily group yoga sessions. Instructors normally hold sessions customized to the needs of an individual. Nihiwatu has become the largest local employer on the Indonesian Island. The two investors give a portion of Nihiwatu’s profits to the Sumba Foundation. The organization funds projects to assist the local community.
Christopher Burch is the chief executive officer and founder of Burch Creative Capital. Burch is an active investor, who has invested in a variety of businesses in a broad range of industries. He is the co-founder of Tory Burch, which is a luxury fashion brand. Chris has always had devotion towards the power of branding. Additional article on fashionista.com.
Currently, Mr. Chris is applying his keen sense of sales and marketing to business interests ranging from financial services, consumer products, technology, and hospitality. His career started as an undergraduate at Itchica College. They started Eagles Eye apparel together with his brother, and by the time they were selling the business, it had grown to $165 million. More interesting news here.
Related article on http://mashable.com/2013/07/21/christopher-burch-interview/