Chris Burch Shares his Secret of Building a Hotel Empire with the Support of the Locals

Posted on November 11, 2018

Chris Burch is a billionaire serial entrepreneur with hands in many different sectors, including travel, hospitality, fashion, and corporate investments. Recently, Chris Burch has been in the news for owning a remote island in Indonesia named Nihi Sumba Island, where he has also developed a luxury resort. The hotel he developed on the island has been named the world’s best hotel. Chris Burch believes it is necessary for the businessmen to find ways to give back to the community and it is why he took over the half of the funding of the Nihi Sumba Island’s non-profit agency, named Sumba Foundation, view Inc.com.

 

In an interview, Chris Burch said he had learned a lot about the business world from a very early age when he started his first business while in college, click (Medium.com). With the investment of just $2,000, Chris Burch started a business that he later went on to sell to the Swire Group for over $165 million. It is what kick-started the professional and entrepreneurial journey of Chris Burch and gave him the funds that he went on to further invest and earn returns from. Chris Burch also mentioned his ability to understand the people’s emotional side, which helps him connect to them in a way that helps him get the most out of them.

Chris Burch is also a philanthropist, and he wants to build a rapport with the local people of the Nihi Sumba Island so that they have better opportunities too. He feels that the hospitality industry needs to form a sustainable partnership with the locals of the place they operate in rather than taking advantage of their resources and make use of the people as cheap labor. He has been successful because he aims to hold fundraisers from time to that goes towards the development of the island and to preserve its resources.

 

 

Categories: Philanthropist


Comments are closed