Chris Burch is the founder or co-founder of several well-known retail brands. These include C. Wonder besides Tory Burch and much more. Now Chris Burch is trying out his entrepreneurial skills in the hospitality sector.
He has tied up with hotelier James McBride to buy a beach hostel. This is located on the island of Sumba in Indonesia. He had bought this in 2012.
These two decided to renovate the hotel and spent $30 million on it. In 2015, they opened it by promoting it as a five-star resort. It is known as Nihiwatu today. In 2016, Nihiwatu was selected by Travel + Leisure as world’s best hotel. Click on forbes.com for additional article.
Chris Burch is highly excited by this achievement. He stated that he had bought it for his kids. He was keen to preserve this place so that he could give something back to the community. He says that this place is so beautiful that he feels that a number of things can be done here. For more of Burch insights and views, hit ceocfointerviews.com. This may not be possible in other places. There are infinite opportunities here. This would include building a spa that may be located under a waterfall or having a butler in each room, and so on.
He is especially happy with the fact that Nihiwatu has given them much more than what they expected. Even the Wall Street Journal has reported that now Chris Burch is dividing his time between Miami, and the Hamptons, besides this resort in Indonesia.
The resort Nihiwatu comprises of 27 private villas. It also has Raja Mendaka, which is the private home of Chris Burch. This section includes the main house along with four villas. Each villa has a private pool.
Christopher Burch founded the Burch Creative Capital. Check burchcreativecapital.com. Presently he is serving as the CEO there. He has over 40 years of experience as an entrepreneur as well as an active investor. He is behind the rise of al several luxury brands that include Faena Hotel + Universe, besides Jawbone, Poppin, along with Voss Water. Chris Burch was on the board of Guggenheim Capital as well as The Continuum Group.
He has been an entrepreneur since 1976. At that time he was an undergraduate at Ithaca College. He invested $2,000 along with his brother to start the Eagle’s Eye apparel. The business grew. It was sold to Swire Group later for $165 million. This way Chris Burch has an entrepreneurial streak in him from the start. Related article on bjtonline.com
A must-read article here on http://interview.net/chris-burch-of-burch-creative-capital/