Chris Burch is a business investor who is associated with renowned brands in the fashion industry which are internationally recognized. He has been involved in numerous fashion brands that he helped establish such as the C.Wonder and Tory Burch. What’s more, as an individual with exceptional insights in the business world, Chris Burch decided to expand his scope of business by venturing into the hospitality industry.
Chris Burch’s decision to venturing into the hospitality business all started in 2012 when he purchased a beach hostel together with James McBride, a hotelier (ideamensch.com). The hotel which was located on the Indonesian Island of Sumba was then transformed into a five-star resort in which Burch and McBride used $30 billion for its renovation. Further, the five-star hotel which is known as “Nihiwatu” is a world class hotel to a level whereby it was selected as the best globally by the Travel + Leisure In 2016.
The meaning of Nihiwatu stems from mortar stone which was a name given to its unique rock formation by the island’s earlier settlers. Burch and McBride therefore named the hotel as Nihiwatu to continue with its heritage founded in the early days. Moreover, the island was discovered by the ancestors of the Sumba people who were called the Marapu. Later, a couple who were known as the Graves who were on an expedition exploring the great waves in beaches found the island very beautiful which led them to establish a resort.
Furthermore, the Graves needed help to expand the resort premises, and when Burch heard of it, he became interested and partnered with McBride to acquire the now classic Nihiwatu hotel. McBride who has his roots in South Africa was Burch’s long-time friend who is a hotelier and has hotels in various cities in the word. With his expertise in the industry, was an added advantage to make Nihiwatu the best resort in internationally. Besides, the hotel also embraces a sustainable environment in co-existence with people of Sumba.
Chris Burch Investments
Chris Burch has been in the entrepreneurship for almost four decades whereby he has continuously established successful businesses in various industries, visit burchcreativecapital.com. An instance is where he founded the Burch Creative Capital where he serves as its CEO and has investments in real estates, hotels, and he is associated with many other luxurious brands. Additionally, Burch passion for entrepreneurship started when he was still pursuing his degree program from Ithaca College in 1976. He began with an investment of $2000 partnering with his brother Bob to start a business that was known as the “Eagle’s Eye Apparel” that grew to a record of $165 million before selling it to Swire Group.
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