Last checked at 7 Apr 2021 07:00
7 April 2021
Time Out Group plc
("Time Out", the "Company" or the "Group")
Time Out Market Dubai Opens
Time Out Group plc (AIM: TMO), the global media and hospitality business, is pleased to announce that Time Out Market Dubai 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.
Time Out Market Dubai is opening in partnership with Emaar and is set to be the biggest culinary and cultural destination to launch in the UAE. Located in Downtown Dubai's Souk Al Baharat and spread across 43,000 sq ft, the location has scenic views from the 3,000 sq ft wraparound outdoor terrace, overlooking the Dubai Fountain and the Burj Khalifa. The Market will offer homegrown culinary delights by 17 award-winning chefs and restaurateurs, three unique bars and cultural and entertainment spaces.
This marks the Group's seventh Market to open and subject to any further COVID-19 related delays, the current planned timings for additional markets are Porto (calendar 2022), Abu Dhabi (calendar 2023) and Prague (calendar 2025). It is also anticipated that the Group's Markets in Boston, New York, Chicago, Montreal and Lisbon will reopen over the course of the second quarter in line with local guidelines, joining Miami which is currently open. The seven Time Out Markets now offer food from around 140 of the best chefs of these cities, occupying nearly 230,000 sq ft and accommodating more than 4,500 seats.
For further information on Time Out Market Dubai and its line-up of chefs and restaurateurs visit https://www.timeoutmarket.com/dubai/
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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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Neil Wood, Interim CFO |
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Steven Tredget, Investor Relations Director |
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Liberum (Nominated Adviser and Broker) | Tel: +44 (0)203 100 2000 |
Andrew Godber / Clayton Bush / Edward Thomas |
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FTI Consulting LLP | Tel: +44 (0)203 727 1000 |
Edward Bridges / Stephanie Ellis / Fiona Walker |
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Notes to editors
About Time Out Group plc
Time Out Group is a global media and hospitality business that helps people explore and experience the best 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, the Group's digital and physical presence comprises websites, mobile, magazines, live events and Time Out Market. Across these platforms Time Out distributes its curated content - written by professional journalists - around the best food, drink, culture, entertainment and travel across 327 cities in 58 countries. Time Out Market is a food and cultural market which brings the best of the city under one roof: its best chefs, drinks and cultural experiences - based on editorial curation. The first Time Out Market opened in Lisbon in 2014 and Miami, New York, Boston, Montreal and Chicago followed in 2019 with a further pipeline in other global locations. Time Out Group, listed on AIM, is headquartered in the United Kingdom.