Chris Burch And His Investment In Nihiwatu

Chris Burch is a known fashion expert. He has invested in the hospitality industry by building Nihiwatu. Nihiwatu is a 5-star beach hotel that is situated on a remote Island in Indonesia. Chris Burch has cofounded and also founded various popular brands such as Tory Burch and C. Wonder. Chris Burch partnered with James McBride who is an hotelier and purchased a beach hostel that is located on Sumba Indonesian Island. It cost approximately $30 million to renovate the hostel. They later reopened it in the state of a 5-star hotel and named it Nihiwatu.  More of this on bjtonline.com.

Travel + Leisure voted Nihiwatu as the world’s best hotel in 2016. Chris was in an interview with Business Jet Traveler. He said that he purchased the property for his children and also as a means of giving back to the community. Chris stated that the beautiful Island of Sumba offers many development opportunities that are not possible in other places. He added that the outcome of Nihiwatu surpassed his expectations. Burch said that this is rare since things do not turn to our expectations most of the time. The Wall Street Journal reports that Chris Burch has divided his time between Nihiwatu, Miami, and the Hamptons. The beach resort comprises of 27 private villas with the inclusion of Chris’ private home known as Raja Mendaka.

The Raja Mendaka consists of the main house and four villas. Each of them has its pool. Chris and his hotelier friend purchased the property from a New Jersey couple who had made it into a beach hostel. Nihiwatu is now the biggest local employer in the remote island. Part of the profits from the hotel goes to the Sumba Foundation which funds local projects.  Additional article here.

Chris Burch works at the Burch Creative Capital where he serves as the founder and principal. Chris is a serial entrepreneur. Chris Burch has an extensive background in business in a broad range of sectors including real estate, technology, and fashion. Chris combines both industries to create strong and successful retail brands. Chris attended the Itchica College where he completed his undergraduate studies. He partnered with Bob who is his brother and founded the Eagles Eye apparel. Chris has a reputation as a successful entrepreneur and fashion mogul. His brand portfolio is exciting. It includes Nihiwatu, Ellen DeGeneres, Poppin, and Cocoon9. Chris says that his success comes from hard work, passion, discipline, and commitment. He is a philanthropist who is involved in several noble courses. Additional article on fashionista.com.

Be sure to hit http://mashable.com/2013/07/21/christopher-burch-interview/ for a good read.