New York City — Time Out Market, the world’s first food and cultural market rooted in editorial curation, has hired Jay Coldren as chief operating officer of the Americas. In this newly created role, he will report to CEO Didier Souillat and will be instrumental in expanding the footprint, driving efficiency and increasing profitability of the Time Out Market brand across the Americas.
Coldren brings more than 30 years of hospitality experience spanning the restaurant, boutique hotel and gourmet retail segments. Most recently, he served as the executive director of hospitality for Streetsense, a creative consultancy in Washington, D.C. Past positions also include managing director for North American operations of the iconic gourmet retailer Dean & Deluca, as well as an independent restaurateur, co-owning and operating restaurants in Santa Fe, N.M., Baltimore and Washington, D.C.
“Jay has a great understanding of the hospitality space and a proven track record of maximizing growth potential,” says Souillat. “He is joining an already successful, energetic team at the perfect time to spearhead profitable growth and operational expansion.”
Time Out Market is the world’s first editorially curated food and cultural market, bringing a city’s best chefs, restaurateurs and unique cultural experiences together under one roof. From cooking classes with top chefs, to installations from local artists and live entertainment, Time Out Market captures the soul of the city. The first Time Out Market opened in 2014 in a historic market hall in Lisbon. The success of Lisbon brought further expansion in North America, with Time Out Market opening in five major cities in 2019: Miami, New York, Boston, Chicago and Montreal. In 2021, Time Out Market expanded into the Middle East with Time Out Market Dubai, and more locations are in the pipeline including Porto, Abu Dhabi and Prague.
Time Out Group is a global media and hospitality business that helps people explore and experience the soul of the city through its two divisions: Time Out Media and Time Out Market. Time Out launched in London in 1968 with a magazine to help people discover the exciting new urban cultures that had started up all over the city. Today, across the Group’s digital and physical platforms, Time Out distributes its curated content — written by professional journalists — around the best things to do, see and eat in 328 cities in 58 countries. Time Out Group is headquartered in the United Kingdom.
SOURCE: Time Out Group