World renowned fashion guru, Chris Burch, has in the recent past spotted a business opportunity in the hospitality industry. He joined hands with James McBride in 2012 to acquire a beach hostel located in Sumba Island, Indonesia. The hostel was renovated to a five-star resort and rebranded to Nihiwatu. The renovations cost the two about $30 million. Nihiwatu officially opened its doors to the public in 2015. Despite being in a remote area, Nihiwatu has proved to be a destination of choice for many. In just one year in operation, Travel + Leisure voted the resort as the world’s best hotel. Related article on forbes.com.
According to Chris Burch, his reason for buying the resort was so that he could get a platform to offer donations to the society. That is why a percentage of profits goes to the Sumba Foundation. The foundation invests in community-based projects, with the aim of improving the lives of the local community. He also acquired it for his children. The resort houses his private home, the Raja Mendaka villa, which is also open to guests. The villa has a plunge pool that provides a beautiful view of the Nihi Beach and an entertainment area. The beautiful sceneries surrounding the resort allowed him to be innovative. Nihiwatu has a total of 27 private villas. Each villa has a plunge pool. The resort houses two tree houses that are two-story each. The tree houses have a bedroom, bathroom, and a balcony. Nihiwatu has a beach spa and a wellness center. Private sessions are available in the rooms, tailor-made to the guest’s preferences. Traditional antiques and Ikat prints adorn the resort.
For outdoor enthusiasts, Nihiwatu provides an ideal location for surfing. There are surfing lessons offered at an affordable cost. The nearby Coconut Groove Bay gives a serene environment for the same. The lessons are designed to fit needs of everyone. The resort arranges expeditions to a waterfall that is close to the resort. The affordable excursion package comes with a 90-minute walk to a blue lagoon. The site offers the guests an opportunity to jump over the rocks and swim. Nihiwatu provides horseback riding experience in the sunset. There are trainers available to assist guests to accustom themselves with the horses. Useful link here.
About Chris Burch
Chris Burch is a distinguished investor with an eye on various sectors. His investments span from the financial services industry and hospitality to consumer products and technology. More to read about his company on burchcreativecapital.com.
Chris Burch’s companies include Burch Creative Capital and Troy Burch. He studies business intensively at Ithaca College. For a must-read interview of Burch, click on interview.net.
More to read on https://ideamensch.com/chris-burch/