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.
What it offers
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/
In 2012, Christopher Burch’s entrepreneurial ventures took him to the Indonesian Island where he together with James Mcbride a hotelier, bought a beach hostel. They renovated the hostel with an injection of $30 million and later reopened it in 2015 under the name Nihiwatu. Their efforts paid off because, in 2016, Nihiwatu was awarded the title of the best hotel by Travel+Leisure. When interviewed by Business Jet Traveler, Burch revealed that he made the investment for his children and a way he can give back to this community. He went on to say that the beauty of the palette inspired him to build a spa and do things that would not be possible in another setting.
Burch also revealed that Nihiwatu exceeded his expectations and it was more than he had hoped for. His dream of giving back to the community was achieved. Nihiwatu has grown to become the best local employer on this remote Indonesian island. A part of the resort’s profit goes towards the Sumba Organization, which is a foundation that funds local community projects in an effort to improve lives in a remote island.
Christopher Burch is the mastermind behind the Burch Creative Capital, where he is both founder and CEO. To know more about the company, hit on burchcreativecapital.com. His journey in the entrepreneurial sector dates back 40 years. To date, he has been a key contributor to the development of luxury and technology brands such as Voss Water, the Faena Hotel, Poppin, among others. Burch fits the profile of a serial entrepreneur due to his large and diversified investment portfolio. Mr. Burch has made key investments in the real estate market including luxury homes in Southampton, Nantucket, Florida and Palm Beach. Check this related article on architecturaldigest.com. Most recently, Burch acquired the Nihiwatu luxury resort and turned it into a five-star success on the Island of Sumba.
Burch has a proven track record of driving success using strong brands and investments. In his 40 years in the entrepreneurial world, Burch has been instrumental in the rise of over 50 companies. He has achieved this through an intuitive understanding of the behavior of customers. He has also sourced and worked with key investors and innovators. This has been key towards establishing a successful track record of success through innovation with an aim to make an impact in society. His brand portfolio includes his partnering with Ellen DeGeneres to create ED. Related articles on forbes.com
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Through his investments and contributions to society, Christopher Burch has proven to be an Enigma and an inspiration to many. For Burch insight and views on things, click on interview.net.
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