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
"We are focused on SAP running in the clouds, to make this super easy because we believe in the tremendous value of those powerful worlds - SAP and the cloud," explained Frank Stienhans, CTO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
"Peak 10 is a hybrid infrastructure provider across the nation. We are in the thick of things when it comes to hybrid IT," explained , Chief Technology Officer at Peak 10, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"I think DevOps is now a rambunctious teenager – it’s starting to get a mind of its own, wanting to get its own things but it still needs some adult supervision," explained Thomas Hooker, VP of marketing at CollabNet, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are still a relatively small software house and we are focusing on certain industries like FinTech, med tech, energy and utilities. We help our customers with their digital transformation," noted Piotr Stawinski, Founder and CEO of EARP Integration, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We've been engaging with a lot of customers including Panasonic, we've been involved with Cisco and now we're working with the U.S. government - the Department of Homeland Security," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"I will be talking about ChatOps and ChatOps as a way to solve some problems in the DevOps space," explained Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence...
SYS-CON Events announced today that SkyScale 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. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-securit...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, provided a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services with...
"We are an IT services solution provider and we sell software to support those solutions. Our focus and key areas are around security, enterprise monitoring, and continuous delivery optimization," noted John Balsavage, President of A&I Solutions, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Karthik Lalithraj, a Principal Solutions Architect at Kinetica, discussed how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich...
SYS-CON Events announced today that Calligo has been named “Bronze Sponsor” of 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. Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalized support service from its globally located cloud platfor...
"We want to show that our solution is far less expensive with a much better total cost of ownership so we announced several key features. One is called geo-distributed erasure coding, another is support for KVM and we introduced a new capability called Multi-Part," explained Tim Desai, Senior Product Marketing Manager at Hitachi Data Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.