After starting up a number of international retail businesses, Chris Burch has looked to get involved the hospitality industry. Recently, Chris has built a new five star resort in Indonesia. Along with hotelier James McBride, Chris bought a beachfront hostel on the island of Sumba in 2012. Burch and McBride spent $30 million on renovations of the hostel and then opened it up in 2015 as a five start resort. The resort is now called Nihiwatu. The opening up of Nihiwatu immediately established a reputation of being a top resort in the world. In fact it was voted as the best hotel in the world by Travel & Leisure last year.
In a recent interview, Chris Burch stated that he bought the resort for his children and also as a way to provide something for a local community. He also said that the resort provides a number of benefits such as building a spa under a waterfall along with having a butler in every room. This allows people to have amenities that they otherwise wouldn’t have anywhere else. Burch has also said that the Nihiwatu resort has turned out to be better than he ever expected in terms of quality. Chris spends a portion of his time on this resort along with Miami, Florida and the Hamptons of New York.
Chris Burch is the current founder and chief executive officer of Burch Creative Capital. His company’s investment philosophy emphasizes his personal philosophy on the values he has as an entrepreneur. Burch always looks to seek new market opportunities, use imagination, use creativity and also businesses that have a positive impact on the lives of consumers. During his 40 years as an entrepreneur and investor, Chris has contributed to the development of over 50 companies. His understanding of consumer behavior along with experience in international and direct sourcing, have allowed him to establish a solid track record of making companies successful.
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As part of his investment portfolio, Based on bjtonline.com, Chris has current holdings in ED by Ellen DeGeneres, Cocoon9, the Nihiwatu resort in Indonesia, Poppin and Trademark. These holdings compliment some other investment holdings such as the Faena Hotel & Universe, Jawbone and Voss Water. With these holdings, Burch has a considerable amount of assets that demonstrate his financial prosperity and business success. A combination of a solid investment portfolio and successful companies have helped Chris establish himself as one of the top entrepreneurs in the world. Read an interesting article, click on fashionista.com.
For an additional article, read http://mashable.com/2013/07/21/christopher-burch-interview/Vn1TDJ1R3qqC