Chris Burch is an active entrepreneur with many diverse retail brands. The newest in his scope is in the hospitality market. He bought a beach hotel located on the Indonesian island of Sumba with his friend James McBride, an hotelier. Together they used approximately $30 million to renovate the beach hostel and revived it as a five-star resort with the name Nihiwatu back in 2015. In 2016, the resort was voted the best hotel on earth by Travel and Leisure.
Chris Burch pointed out in an interview with Business Jet Traveller that he bought the hotel for his children as something he hopes they can preserve and give back to the community. He further explained that Nihiwatu was a special, beautiful place and that’s why he did extraordinary things like building a spa under a waterfall and even having a personal butler in each room. See bloomberg.com for more details.
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The Wall Street Journal featured Chris and explained that he divided his time between three main locations including Miami, Hamptons and his new resort in Indonesia. The resort comprises of approximately 27 private villa including Burch’s private home. Nihiwatu has since become the biggest local employer for individuals on the island. Moreover, a percentage of the resort’s revenue is donated to the Sumba Foundation. Sumba Foundation is a charitable organization that funds important projects in the local community. Burch and McBride are planning to expand and construct more hotels in Nicaragua and Costa Rica that will be accessed by the millennial tourist.
Based crunchbase.com, Christopher Burch is the creator and principal of Burch Creative Capital. Moreover, he is a serial entrepreneur in a wide range of markets such as real estate, fashion, technology and now hospitality. His known brand portfolio includes Poppin, ED by Ellen DeGeneres, Cocoon0, and Nihiwatu. He also has a Trademark to some recognized brands like Voss Water, Faena Hotel + Universe, and Jawbone. Burch is passionate about branding, and he applies his sales and marketing expertise to his many business ventures. Chris Burch has over 40 years’ experience as an investor and entrepreneur, participating in the rise of over fifty corporations. What has made him successful is his combination of intuitive understanding of consumer behaviour with multinationals and direct sourcing experience.
Additionally, Chris Burch also worked as a board member at Rothman Institute Orthopaedic Foundation, and he was a former president of The Pierre Hotel Co-op Board. He is also a philanthropist who has donated funds to several foundations including Mt Sinai Hospital in New York, The Henry Street Settlement, The Sumba Foundation, The Child Welfare League of China and The China Association of Social Work.