Time Out ( (GB:TMO) ) has shared an announcement.
Time Out Group plc has announced a new lease agreement to open a Time Out Market in New York City’s Union Square, set to open in autumn 2025. This will be the company’s second market in New York, following the success of its Brooklyn location. The new market will feature a curated mix of culinary talents and cultural experiences, spanning 10,000 sq ft with seven kitchens, a bar, and a stage. Unlike other markets under management agreements, this will be an Owned & Operated Market, allowing Time Out to receive 100% of site profits. This expansion aligns with the company’s strategy to increase its market presence globally, aiming for 40 to 50 market sites in top cities worldwide, and highlights the potential for significant revenue growth and synergies with its media business.
More about Time Out
Time Out Group is a global media and hospitality company that inspires and enables people to experience the best of city life. Founded in London in 1968, it is the only global brand dedicated to city life, offering curated content about the best things to do, see, and eat across 333 cities in 59 countries. The company operates through a multi-platform model, including both digital and physical channels, and is known for its Time Out Market, an editorially curated food and cultural market.
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