5th Oct 2016 06:35
LONDON (Alliance News) - Media firm Time Out Group PLC on Wednesday said it has signed a lease for a new Time Out Market in the Sao Bento train station in Porto, Portugal.
Time Out, which owns Time Out magazine, said the new Time Out food market is the second of its kind, following the launch of the first in the Portuguese capital of Lisbon in May 2014.
Time out expects the new Porto market, in the north of the country, to open in the second half of 2017.
"Our first Time Out Market in Lisbon has been a successful and profitable proof of the format, popular with both locals and visitors and attracting a record number of visitors," said Time Out Chief Executive Julio Bruno.
"Porto is a city where our brand has built a very strong presence over the past six years through the magazine and digital channels, and I can't wait for the Time Out Market to open there," Bruno added.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
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