Jay-Z Lands Deal To Bring 40/40 Clubs To Airports In The U.S.
Hip-Hop star Jay-Z is expanding his business empire with a new deal that will bring his popular 40/40 Club to select airports across the United States.
The rap mogul and his partners Juan and Desiree Perez have struck a deal with Delaware North Companies, one of the world's leading and hospitality service providers.
Additionally, Delaware North Companies is one of the largest privately held companies in the U.S., with annual revenues exceeding $2 billion dollars.
"The 40/40 Club is all about creating first-class experiences for guests who want to relax and watch their favorite games," said Desiree Perez. "We want to see our club grow, and to bring those experiences to travelers. A partnership with Delaware North will do just that."
The new deal could bring Jay-Z's 40/40 Club into up 20 major U.S. airports, where Delaware North Companies operate dozens of national and regional brand restaurants.
"We are thrilled to partner with the 40/40 Club, to bring a stylish sports bar and lounge to airports across the country," said Robert Stanton, vice president of business development. "From the personalized, one-of-a-kind jerseys on the wall, to every sports game you can think of on the television screens, the club will bring a new experience that we are sure travelers will welcome."
In related news, Jay-Z's flagship 40/40 Club in Manhattan will close from April to July of 2011 to undergo a complete renovation. The Atlantic City location, which opened in 2005, will remain open.