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Director, Restaurant Development & Brand Portfolio

Company: HMSHost
Location: Bethesda
Posted on: November 12, 2021

Job Description:

Summary: The purpose of the Director, Restaurant Development & Brand Portfolio in the Restaurant Development department is to ensure maximization of real estate value in support of a development team. The Director, Restaurant Portfolio studies each market segment independently, and understands the culinary fabric of each municipality to effectively execute proper concept selection, equipment and restaurant layout, pricing strategies, marketing elements, "one off" negotiations, and menu selection in alignment with the corporate strategic objectives. This position typically reports to the Sr. Director of Restaurant Portfolio or VP of Portfolio Development & Brand PartnershipsEssential Functions:

  • Understands and reviews Development strategy for a particular opportunity or assigned market(s), while maintaining an in-depth understanding of the culinary composition of markets, and identifies the category leaders and/or "tipping brands"
  • Comprehends and examines zone analysis with Business Development and Business Development Finance for each airport zone relative to the project under review
  • Reviews and interprets market research results alongside core team
  • Prepares and validates preliminary concept plan alongside core team, and obtains timely approval from all current brands for site-specific development
  • Completes, manages, and participates in the completion of project location reviews, design layouts, food service equipment plans, and facilitates restaurant designs in compliance with Brand standards
  • Responsible for facilitating all tertiary steps relevant to the HMSHost Facility Development Process (FDP). Ensures concepts are programmed and to maximize sales and labor efficiencies.
  • Negotiates all aspects of a brand agreement and supplementary Supplier Agreements with profitable business terms, and understanding/alignment with Supply Chain, QA, Operations, etc.
  • Determines menu and product list for each Concept within corporate and branded concept standards
  • Aligns the brand products and procedures with those of the company, ensuring compliance with HMSHost Standards
  • Evaluates concept flow-through and functionality alongside Operations leadership and the Director of Brand Partnerships
  • Ensures brand agreements are completed and executed in a timely schedule
  • Maintains and represents the relationship with all branded Concepts in Director's region/market accountsMinimum Qualifications, Knowledge, Skills, and Work Environment:
    • Requires a Bachelor's degree in Business Administration or equivalent experience
    • Requires 7-9 years of experience in the food and beverage industry
    • Requires knowledge of financial tools and understanding of concept profitability
    • Requires ability to apply market research and trend information
    • Requires strong technical, written, oral and interpersonal communications skills
    • Requires experience in teambuilding and collaborative projects
    • Requires excellent project management and working knowledge of Microsoft Office applications and Smartsheet
    • Requires experience interacting with executive levels, and the ability to work without supervision on specific assignments
    • Requires ability to travel (approximately 50-60% travel)All job offers will be conditioned on candidates being fully vaccinated against COVID-19. Exemptions for medical and religious reasons will be considered.HMSHost is an equal opportunity employer and does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factors.

Keywords: HMSHost, Bethesda , Director, Restaurant Development & Brand Portfolio, Executive , Bethesda, Maryland

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