31 May 2019
Time Out Group plc
("Time Out", the "Company" or the "Group")
Time Out Market New York Opens
Time Out Group plc (AIM: TMO), the global media and entertainment business, is pleased to announce that Time Out Market New York opens to the public today, bringing the best of the city under one roof, based on the editorial curation Time Out has always been known for.
Spanning 21,000 sq ft across two floors of the historic Empire Stores at 55 Water Street in Dumbo (Brooklyn), Time Out Market New York will offer 21 eateries showcasing the city's outstanding food, three bars and a performance stage. From its rooftop overlooking the East River, visitors will get to enjoy panoramic views of the Brooklyn Bridge and Manhattan's skyline.
The first Time Out Market opened in 2014 in Lisbon as the world's first food and cultural market. Last year, Time Out Market Lisbon saw a record 3.9 million visitors, making it Portugal's most popular attraction. The second Time Out Market opened successfully in Miami on 9 May 2019, offering across 18,000 sq ft 18 eateries led by the city's who's who of culinary talent, a demonstration kitchen, three bars and space to showcase local culture.
As the Group is in the process of rolling out this successful format globally, new Time Out Markets will also open throughout 2019 in Boston (Q2), Chicago (Q3) and Montréal (Q4); followed by Dubai (2020), London-Waterloo (2021) and Prague (2022). At the end of 2019 there will be six Time Out Markets in operation, with a total of 185,000 square feet, almost 4,000 seats and food from 120 of the world's best chefs.
For further information on Time Out Market Miami and its chef lineup visit www.timeoutmarket.com
-ENDS-
For further information, please contact: |
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Time Out Group plc |
Tel: +44 (0)207 813 3000 |
Julio Bruno, CEO |
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Adam Silver, 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 |
Steve Pearce / Trystan Cullen |
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FTI Consulting LLP |
Tel: +44 (0)203 727 1000 |
Edward Bridges / Stephanie Ellis |
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Notes to editors
About Time Out Group plc
Time Out Group is a global media and entertainment business that inspires and enables people to explore and enjoy the best of the city. Its digital and physical presence comprises websites, mobile, magazines, Live Events and Time Out Market. Across these platforms Time Out distributes its curated content around the best food, drink, music, theatre, art, travel and entertainment across 315 cities and in 58 countries. Time Out, listed on AIM, is headquartered in the United Kingdom.
