Chris Burch founded or cofounded numerous retail brands that are known internationally. Now his entrepreneurial eye has shifted to the industry of hospitality. In a partnership with hotelier James McBride he purchased a beach hotel on Sumba. Sumba is a gorgeous island located in Indonesia. The hotel is now a five start resort named Nihiwatu. The pair spent over $30 million on renovations and the result was amazing.
Travel and Leisure voted Nihiwatu the best hotel in 2016. Mr. Burch had an interview with Business Jet Traveler in 2015 and said he purchased the hotel for his children. He wanted something special he could preserve that would enable him to give back to the community. He felt the area was so incredibly beautiful it would allow him options he would not have somewhere else. Options like building a spa under a waterfall or having a butler in each room. Related story on this.
Mr. Burch feels that Nihiwatu has become more than he ever expected. He is delighted since so often things can turn out to be a lot less. Nihiwatu is where Mr. Burch’s home is located. It is in one of the 27 private villas and is called Raja Mendaka. His section has four villas in addition to his main house and a private plunge pool. More to read on mashable.com.
Chris Burch is an entrepreneur with a background including real estate, technology and the fashion industries. His career began at Itchica College when he founded Eagles Eye apparel with his brother. The company was worth $165 million before it was sold. He currently holds the position of principal for Burch Creative Capital. See more facts on businessinsider.com.
Mr. Burch is the CEO as well as the founder of Burch Creative Capital. He has been actively investing for almost forty years. His success as an entrepreneur started in 1976 while he was a student at Itchica College. He was also one of the first to invest in the Internet Capital Group. The group was well known in the IPO story regarding internet space.
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Chris Burch has relied heavily on his abilities.He can find the nexus between the art of innovation and the process of implementation. He continues to find extroidianary success partially because he has a unique understanding of consumer behavior. His experience in dealing with consumer channels and using sourcing that is always superior has made him a true success.