Chris Burch is a name we have come to associate with some renowned retail brands. We can link him to big brands such as C. Wonder, Tony Burch, and several others. In the recent past, Chris Burch has delved into the hospitality industry. Five years ago, he partnered with James McBride, an hotelier, to invest in a beach hotel. This was based in Indonesia on Sumba Island. Renovations cost them around $30 million and the Nihiwatu Resort was born in 2015.
Nihiwatu spawned into success in a short time earning recognition from the likes of Travel + Leisure. It has since come to be recognized as arguably the best hotel in the world. Chris Burch has stated that he did not count on achieving this level of success. All he intended to do was to set up an investment for his children and also give back to the community. Nihiwatu’s unanticipated success can be attributed to the extraordinary facilities it offers. Click on wingsjournal.com for related article.
The resort has twenty-seven villas plus Burch’s home. His home consists of the main house plus four other extra villas. Each of the villas has a plunge pool. Nihiwatu provides a wide range of services; surfing, beach spas, a wellness center and native antiques. The resort has since become the biggest employer on Sumba Island and is a contributor to a foundation targeting the local community. Burch and McBride are currently working on plans to push the businesses into Costa Rica and Nicaragua.
About Chris Burch
American businessman Chris Burch is the CEO and Founder of Creative Capital. Being a serial entrepreneur, he has his tentacles on various business across different industries. His biggest brand so far is Tony Burch, a luxury apparel label. The other sectors that he has invested in include consumer products, technology, finance, and hospitality. His first business was Eagle Eye apparel back in college that was able to generate $165 million before being sold off. Hop over to architecturaldigest.com, to read more.
Eagle Eye was a huge success having accrued millions with a starting capital of $2000. Together with his partner, they sold the brand to Swire Group. Burch then invested his earnings in Internet Capital Group. Throughout his career, Burch has been able to develop into a perceptive entrepreneur who knows when and when not to strike. He has also worked with Guggenheim Capital as well as Continuum Group as a board member. Check bjtonline.com for additional article.
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