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Time Out Group plc announced on 17 November 2023 the opening of Time Out Market Cape Town. This market is the Company's seventh food and cultural market globally and its first on the African continent, featuring 13 kitchens, 3 bars, and a dedicated wine bar across 30,000 square feet. Additionally, eight further Time Out Markets are signed and due to open between 2024 and 2027.
| Date | 17 Nov 2023 |
| Time | 07:00:06 |
| Category | Miscellaneous |
| ID | 7427T |
17 November 2023
Time Out Group plc
("Time Out", the "Company" or the "Group")
Time Out Market Cape Town Opens
Time Out Group plc (AIM: TMO), the global media and hospitality business, is pleased to announce that Time Out Market Cape Town opens to the public today.
Time Out Market Cape Town is the Company's seventh food and cultural market with a further eight signed and due to open between 2024 and 2027.
Located at the V&A Waterfront, Time Out Market Cape Town offers the best of the city together under one roof: a curated mix of the best local chefs, drinks and cultural experiences. It is the first Time Out Market to open on the African continent. The Market offers 13 kitchens, 3 bars and a dedicated wine bar as well as cultural experiences across 30,000 square feet. The lineup features the city's award-winning chefs, much loved local gems and home-grown up-and-coming talents to offer a taste of Cape Town's diverse and exciting food scene.
For further information on Time Out Market Cape Town please visit www.timeoutmarket.com
Open Time Out Markets:
● Lisbon
● New York
● Boston
● Chicago
● Montreal
● Dubai
● Cape Town
Time Out Markets in development (expected opening schedule based on calendar year):
● 2024: Porto
● 2024: Barcelona
● 2024: Bahrain
● 2024: Vancouver
● 2025: Abu Dhabi
● 2025: Osaka
● 2027: Prague
● 2027: Riyadh
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For further information, please contact: |
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Time Out Group plc |
Tel: +44 (0)207 813 3000 |
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Chris Ohlund, CEO |
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Matt Pritchard, CFO |
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Steven Tredget, Investor Relations Director |
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Liberum (Nominated Adviser and Broker) |
Tel: +44 (0)203 100 2222 |
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Andrew Godber / Edward Thomas / Miquela Bezuidenhoudt |
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FTI Consulting LLP |
Tel: +44 (0)203 727 1000 |
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Edward Bridges / Stephanie Ellis / Fiona Walker |
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Notes to editors
About Time Out Group
Time Out Group is a global media and hospitality business that inspires and enables people to experience the best of the city through its two divisions - Time Out Media and Time Out Market. Time Out launched in London in 1968 to help people discover the exciting new urban cultures that had started up all over 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 six cities such as Lisbon, New York and Dubai, several new locations with expected opening dates in 2023 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).