Renowned fashion mogul and entrepreneur Chris Burch’s foray in the hospitality industry is paying high with the recent reports. His five-star resort venture in Sumba Island, Indonesia, is voted as the best hotel in the world by the travel magazine Travel + Leisure in the year 2016. The resort named Nihiwatu was actually a beach hostel, and in 2012, Burch joined hands with James McBride, a major hotelier. They bought the hostel, remodeled to a world-class resort with all the amenities and adventure elements added, and reopened in 2015. Per Travel + Leisure, the villas are renovated or constructed with ikat accents and thatched roofs, similar to traditional Sumbanese homes. The guests would find a fantastic leisure experience here with options to ride horses, fish, trek to the spa, etc. Related article here.
“I made the decision to purchase it for my children and to preserve and give it back to the society. The palette of the place is stunning that can inspire you to do new things which you didn’t do in other places like having a butler for every room, building a spa under the waterfall, explores the new places, and more,” Burch explained what inspired him to invest in the resort, for the full article, click on bjtonline.com. Nihiwatu resort has 27 villas and an individual private home called Raja Mendaka – specially for Chris Burch. The private home of Chris has the main house and four villas with private pools for each unit. Per reports, Burch spends time between the Hamptons, Miami, and at Nihiwatu. The adventures at the resort are unlimited, and it is nicknamed as “The Edge of Wilderness.” More of this in businessinsider.com.
Chris Burch is one of the most successful serial entrepreneurs and the CEO of his own Burch Creative Capital. As an experienced investor in various industries for four decades, Chris has a great ability to understand the opportunities and utilize it. His investment journey started when he invested $2,000 and started Eagle’s Eye apparel in 1976. It grew into a multi-million dollar in the later years, and he finally sold it for $165 million to Swire Group.
Chris uses both innovation and implementation to capture unprecedented success in his ventures, and he helped at least 50 companies to register better business and revenue over the years. Burch follows diverse investment portfolio starting from lifestyle and consumer goods to technology industries including organic foods, hospitality, and more. Chris was part of the board of directors of a senior care consulting group called The Continuum Group and an investment management firm – Guggenheim Capital. For an update of Burch recent timelince activities and more check on crunchbase.com.
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