Christopher Burch: The Growth of Nihi Resort
Christopher Burch is renowned businessperson and a billionaire shareholder. In 2012, Chris acquired a surf resort situated in a remote Indonesian Island of Sumba. He began renovation process of the resort, which took three years and saw him spend $30 million. The five-star resort was later renamed to Nihi Resort. Later on, the resort was rebranded under new management of James McBride, a well-known hotelier and creative marketer. In a span of one year, the resort had done so well and this saw it being listed as one of the best hotels globally in the Travel and Leisure’s prestigious list. The publication’s readers ranked the resort at the top position in 2016 and 2017.
Chris Burch is the owner of C. Wonder Company, which deals with home interior decoration items and attire. The company sells these products directly to clients on QVC. Additionally, Chris put in some finances in the Little Ducks Organics, among other technology brands such as Powermat, NextJump, and Jawbone.
Nihi Resort was located in a remote island. Surfers visited the resort seeking surfing waves in the Indian Ocean. Claude and Petra Graves, who arrived in the island in 1988, previously owned the resort. Unluckily, the resort business could not do well due to the social and health welfare, and the monetary challenges among the islanders. Tribal elders had to collaborate with the Graves and a technology investor in order to overcome the challenges they were facing. Sumba Foundation was established because of the humanitarians’ dedication. The foundation sources its finances from charity. Burch purchased the resort from the Graves and collaborated with McBride. The two developed the resort and promoted it all over the world. Read his views on business related matters, check entrepreneur.com.
In 1979, Chris together with his brother, Bob began their venture by investing $2000 to build their own company known as Eagle’s Eye apparel. According to bjtonline.com, they developed the company and later sold it to Swire Group after growing it to $165 million. Burch has invested in a number of real estate developments locally and globally. He is the shareholder of various ventures including luxury estates in Florida, Palm Beach. He is the CEO of Burch Creative Capital and co-founder of a fashion brand known as Tony Burch. Christopher Burch is dedicated in his ventures and he is enthusiastic about the power of calling. Have an overview of the diversity of his business investments, head over to burchcreativecapital.com.
Take a tour to his awesome resort investment on http://www.businessinsider.com/chris-burch-nihi-best-hotel-in-the-world-2017-7