Welcome!

News Feed Item

Former NBA Player And Entrepreneur Jamal Mashburn Expands His Business Interests To The Hospitality Services Industry

MIAMI, Jan 15, 2013 /PRNewswire-iReach/ -- Highly successful entrepreneur and retired NBA professional Jamal Mashburn is expanding his entrepreneurial interests yet again. Mashburn Enterprises LLC in partnership with the investment firm Dema Holdings of Miami Beach, FL, announces today it has recently acquired an undisclosed stake in the privately held FairBridge Hotels International (FHI), a hospitality services firm based in Spokane, Washington.

This foray into the hospitality industry is a new venture for Mashburn Enterprises. Mashburn currently has ownership and vested interests in numerous restaurant franchises (38 Outback Steakhouse restaurants, 32 Papa John's pizza restaurants, and three Dunkin Donuts stores), car dealerships (owner of Kentucky's Toyota on Nicholasville and Lexus Store of Lexington), real estate, and the thoroughbred horse racing industry.  

"We're excited for the opportunity to move into the hospitality industry by joining forces with a growing company such as FairBridge, which provides quality hospitality services domestically and internationally," said Jamal Mashburn, CEO of Mashburn Enterprises LLC. "Together we plan to focus our collaborative efforts on the development and execution of a mobile strategy, which will provide travelers with compelling offers from our properties across a variety of platforms—thus servicing them wherever they are."    

Fairbridge offers hotel franchise owners and operators a customized array of packaged solutions that provide for asset management, branding, revenue optimization, and technology services through its powerful FHI system infrastructure. FHI systems are designed to deliver efficient financial and operational outcomes and support for both hotel owners as well as property guests. In addition to a strong pipeline of domestic conversion and redevelopment opportunities, FHI is actively engaged in the delivery of its services to projects throughout Southeast Asia, Africa, China, South America, and the Middle East.

Mashburn Enterprises was brought in to assist in cultivating and developing domestic and international relationships and to expand the hotel brand. Together Mashburn Enterprises and Dema Holdings will collaborate with FHI in the development of new hotel properties both domestically and internationally.

"We're thrilled to have Mr. Mashburn partner with FairBridge Hotels International," said Sumi Kohli, Managing Director of FairBridge Hotels International. "He is clearly a visionary. His impressive portfolio and expertise in building successful businesses will be an asset to our hotel and resort owners and operators across the globe. Together, we will help FairBridge achieve its mission of providing hassle-free, direct-brand support coupled with a high-tech, affordable and flexible reservation system, ultimately benefitting owners, operators, and property guests alike." 

Effective January 1, 2013, Mashburn was named to the FHI Board of Directors. He will also serve as the Board's senior investment advisor beginning February 4, 2013.

For additional information on Mashburn Enterprises LLC please contact [email protected]. To coordinate an interview with Mr. Mashburn, contact Shari Pace at 770-634-4274. To speak with a representative of Fairbridge Hotels International, contact Skyler Jackson Reep, [email protected], 509-342-2125.

About Mashburn Enterprises LLC -- Jamal Mashburn, former college and NBA All Star, spent over 20 years with the Kentucky Wildcats, Dallas Mavericks, Miami Heat, and New Orleans Hornets. Mashburn prepared for his successful transition from the hardwood to the boardroom during his time in the NBA. Since life after basketball Mashburn founded Mashburn Enterprises LLC, which currently has ownership interests in numerous restaurant franchises (e.g. Outback Steakhouse, Papa John's, Dunkin Donuts), car dealerships, real estate, and the thoroughbred horse racing industry. For more information on Mashburn Enterprises, email [email protected]

About FairBridge Hotels International – FairBridge Hotels brand offers a customized model and flex-concept approach as an alternative to the traditional franchise method by allowing operators to join a membership organization that offers the affiliate members a unique, vibrant, and dynamic brand identity with complete back-end operational support without having to assume any of the complex burdens of hotel franchise relationships. FairBridge offers a membership-based affiliation, a flat-rate fee system "that operators prefer over the traditional, outdated, and expensive franchise model," says Fredrick Schoener, Director of Brand Operations. The complete suite of offerings from FairBridge spans across all major hospitality industry segments. For more information about FairBridge Hotels International, see www.fairbridgeinns.com/membership/.

Media Contact:

Shari Pace Coaching Beyond Limits, 770-634-4274, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Mashburn Enterprises LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Back in February of 2017, Andrew Clay Schafer of Pivotal tweeted the following: “seriously tho, the whole software industry is stuck on deployment when we desperately need architecture and telemetry.” Intrigue in a 140 characters. For me, I hear Andrew saying, “we’re jumping to step 5 before we’ve successfully completed steps 1-4.”
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).