Time Out Group plc Time Out Market Dubai Opens (5925U)
April 07 2021 - 1:00AM
UK Regulatory
TIDMTMO
RNS Number : 5925U
Time Out Group plc
07 April 2021
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/
-ENDS-
For further information, please contact:
Time Out Group plc Tel: +44 (0)207
813 3000
Julio Bruno, CEO
Neil Wood, Interim CFO
Steven Tredget, Investor Relations
Director
Liberum (Nominated Adviser and Broker) Tel: +44 (0)203
100 2000
Andrew Godber / Clayton Bush / Edward
Thomas
FTI Consulting LLP Tel: +44 (0)203
727 1000
Edward Bridges / Stephanie Ellis /
Fiona Walker
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.
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END
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