3 May 2024
Time Out Group plc
("Time Out", the "Company" or the "Group")
Time Out Market Porto Opens
Time Out Group plc (AIM: TMO), the global media and hospitality business, is pleased to announce that Time Out Market Porto in Portugal opens to the public today.
Time Out Market Porto is the Company's eighth food and cultural market with a further eight signed and due to open between 2024 and 2027, including Time Out Market Budapest which was announced earlier this month.
Located in the South wing of São Bento Station - one of the city's most iconic locations - Time Out Market Porto is a unique space designed by Porto-born architect Souto de Moura. The Market brings the best of the city together under one roof - all based on Time Out's editorial curation: the best local chefs, drinks and cultural experiences.
Across approximately two thousand square metres, Time Out Market Porto will be home to 12 kitchens, two bars, an outdoor space and a tower - with views over the city - with a shop and a restaurant offering wine experiences.
For further information on Time Out Market Porto please visit www.timeoutmarket.com
Open Time Out Markets:
● Lisbon
● New York
● Boston
● Chicago
● Montreal
● Dubai
● Cape Town
● Porto
Time Out Markets in development (expected opening schedule based on calendar year):
● 2024: Barcelona
● 2024: Bahrain
● 2025: Osaka
● 2025: Budapest
● 2025: Vancouver
● 2025: Abu Dhabi
● 2027: Prague
● 2027: Riyadh
| For further information, please contact: |
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| Time Out Group plc | Tel: +44 (0)207 813 3000 |
| Chris Ohlund, CEO | |
| Matt Pritchard, CFO | |
| Steven Tredget, Investor Relations Director | |
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| Liberum (Nominated Adviser and Broker) | Tel: +44 (0)203 100 2222 |
| Andrew Godber / Edward Thomas / Joshua Borlant | |
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| FTI Consulting LLP | Tel: +44 (0)203 727 1000 |
| Edward Bridges / Fiona Walker | |
Notes to editors
About Time Out Group
Time Out Group is a global brand that inspires and enables people to experience the best of the city. Time Out launched in London in 1968 to help people discover the best of the city - today it is the only global brand dedicated to city life. Expert journalists curate and create content about the best things to Do, See and Eat across 333 cities in 59 countries and across a unique multi-platform model spanning both digital and physical channels. 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. The portfolio includes open Markets in eight cities such as Lisbon, New York and Dubai, several new locations with expected opening dates in 2024 and beyond, in addition to a pipeline of further locations in advanced discussions. Time Out Group PLC, listed on AIM, is headquartered in London (UK).
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