Time Out Market Montréal Opens

RNS Number : 3318T

Time Out Group plc

14 November 2019

 

14 November 2019

Time Out Group plc

("Time Out", the "Company" or the "Group")

Time Out Market Montréal Opens

Time Out Group plc (AIM: TMO), the global media and leisure business, is pleased to announce that Time Out Market Montréal opens to the public today, bringing the best of the city under one roof, based on Time Out's editorial curation.

Spanning 40,000 sq ft, Time Out Market Montréal will offer food from 16 of the city's best chefs and restaurateurs, three bars, a demonstration kitchen, a cooking school, a retail area and cultural experiences.

Time Out Market Montréal is the centrepiece of Centre Eaton de Montréal on Sainte-Catherine Street - a major downtown destination owned and managed by global real estate leader Ivanhoé Cambridge with whom the Company entered its first management agreement to open this location.

The first Time Out Market opened in 2014 in Lisbon and today the food and cultural market remains Portugal's most popular attraction. Following this success, three new Time Out Markets opened in North America this year in Miami and New York (May) as well as in Boston (June). In the first six months of 2019, Time Out Market saw a total of 2.1 million visitors across these four locations and 72% growth in net revenue to £6.6m.

Time Out Market Montréal is the fourth site to open this year and the first in Canada. This opening coincides with the publication of the inaugural Time Out Montréal magazine which follows an increase in digital content across timeout.com/montreal dedicated to the curation of the best things to do in this city.

The global roll out of the successful Time Out Market format continues with Time Out Market opening in Chicago (21 November 2019), Dubai (2020), London-Waterloo (2021) and Prague (2022).

For further information on Time Out Market Montréal and its outstanding lineup of chefs and restaurateurs visit www.timeoutmarket.com

-ENDS-

For further information, please contact:
Time Out Group plc	Tel: [phone]
Julio Bruno, CEO
Adam Silver, CFO
Steven Tredget, Investor Relations Director
Liberum (Nominated Adviser and Broker)	Tel: [phone]
Clayton Bush / Andrew Godber / Edward Thomas
FTI Consulting LLP	Tel: [phone]
Edward Bridges / Stephanie Ellis

Notes to editors

About Time Out Group plc

Time Out Group is a global media and leisure 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 and Boston 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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