Category: Investment Strategist
In his nearly 40 year career as an investor and serial entrepreneur, Chris Burch has broadened his portfolio to make room for a luxury resort on the Indonesian island of Sumba.
Partnering with proprietor and land owner James McBride, the two purchased the island paying out $30 million refurbishing and restoring the lodging into a five-star resort called Nihiwatu, nicknamed The Edge of Wildness.
The name means “mortar stone” as the beach was initially named after a rock configuration.
Within one year, Travel + Leisure readers voted Nihiwatu the best hotel in the world in 2016.
Nihiwatu has 27 private villas with prices for a one-bedroom starting at $750 a night. All meals, Wi-Fi Internet, a mini bar, activities by sea such as stand-up paddle boarding are included in the room rate.
Two, two-story tree houses with a bedroom, bathroom and balcony, are also on hand.
What’s more, Chris Burch’s residence, Raja Mendaka, which includes a main house and four additional villas, is available to guests with prices roughly $14,000 a night.
Amenities include a beach spa, wellness center that makes daily group yoga and private yoga sessions available as well as surfing and surfing lessons, hiking and fishing. Pleasure trips, such as to a blue lagoon where guests can leap off the rocks and plunge into the water to swim, is another service that is readily available.
For the horseman and beginners, riding stables are on the grounds. Guides are at the guests disposal as the team offers sunset beach horse-riding trips. And a resident horse whisperer teaches guests to come together and communicate with the horses.
In an earlier interview Burch stated he purchased the hotel to preserve it and to give back to the community. A share of the hotel’s proceeds are contributed to the Sumba Foundation, which supports community-based undertakings. To access this interview, click on ceocfointerviews.com
For more of Burch insights and views, hit this.
Nihiwatu has turned into the leading local employer on the island. Check on businessinsider.com for related article. Future plans of Burch and McBride call for expansion and building resorts in Costa Rica and Nicaragua.
Above and beyond Nihiwatu, Burch’s entrepreneurial success includes domestic and worldwide real estates initiatives in Palm Springs, Florida and Southampton, New York.
He is the founder and chief executive officer of Burch Creative Capital whose brand portfolio includes Cocoon9, Poppin and ED by Ellen DeGeneres among others. Check idemensch.com for additional reading. The company also supports the expansion of brands in the retail, apparel, organic food and technology industries. For updates on Burch timeline activities, click on crunchbase.com
For an in-depth look on Burch profile visit http://christopherburch.com/