Chris Burch, the celebrated founder of renowned retail brands, now owns a luxurious hotel in Indonesia called Nihiwatu or Nihi located on the Indonesia island of Sumba. Nihiwatu has been awarded for two years by Travel + Leisure for being the best hotel globally. In 2012, Burch collaborated with James McBride to purchase a beach hostel. They spent a whopping $30 million to renovate the hostel and reopened it in 2015.
An Overview of Nihiwatu
Nihiwatu has 27 private villas, for instance, Burch’s private home called Raja Mendaka, which consists of the main house and four other villas. Nihi contributes its profits to the prestigious Sumba Foundation that finances projects to assist the local community. Nihi has two, two-story tree houses, which are connected with a strong bamboo bridge. The two villas have a balcony, bathroom, and bedroom. Moreover, the hotel has a diverse entertainment area.
Nihi is decorated with traditional Sumbanese antiques and Ikat prints. The hotel has an exquisite beach spa and a wellness center that offers group yoga sessions daily. Nihi is also ideal for surfing since the resort offers surfing lessons for $250 per person. Further, individuals can book trips to neighboring waterfalls at $175 per person. The hotel also allows guests to travel by boat or Safari jeep to nearby bays. Furthermore, there are several riding stables with a skilled team of guides to take the visitors to their preferred destinations including a rice field and the famed rain forest.
Nihiwatu’s one-bedroom villa costs $750 per night during the low season while the five-bedroom private estate of Burch costs approximately $14,000 per night all through the year. Chris Burch and McBride are planning to expand their operations and establish new resorts in Nicaragua and Costa Rica. Read more on businessinsider.com.
Insights of Chris Burch
Chris Burch is the acclaimed founder and talented CEO of Burch Creative Capital. His outstanding entrepreneurial values contributed to the company’s investment philosophy. Further, Burch’s visionary nature for creativity and new market opportunities led to the invention of disruptive brands that have a long-lasting impact on users. Burch’s company is backing the establishment of numerous lifestyle and consumer products including apparel, retail, hospitality, and technology industry. More to read on bjtonline.com.
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Burch has been an avid entrepreneur and investor for almost 40 years. He has been involved in the development of over 50 companies through integrating an intuitive acknowledgment of customer behavior with both global and direct sourcing experience. Moreover, Burch has a long, impressive track record of linking innovation to impact. Know more about him, check forbes.com.
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