- Sector: Leisure
- Region: London
Bringing a city to life
For the past 50 years, Time Out has been showing people how to make the most of the cities they live in or are visiting. Having started out providing information about London in 1968, it has since expanded around the world and is now present in 108 cities across 39 countries, reaching an average global monthly audience of some 242 million people.
Julio Bruno, Chief Executive of Time Out Group, says the company’s aim is to inspire people to make the most of their cities. "Millions of people globally rely on our unique, curated content and exceptional experiences to discover and enjoy cities around the world," he says.
The company, which has had its shares listed on London’s AIM since June 2016, is made up of two divisions. Time Out Digital is a multi-platform media, entertainment and ecommerce business that provides much of what the company is best known for, including travel guides and entertainment listings in both print and digital formats.
In recent years the group has also expanded into a new arena with its Time Out Market division. This arm of the business is based on the idea of developing a physical space to bring together the best a city has to offer in terms of food and culture, all under a single roof. The concept was first rolled out in the Portuguese capital, Lisbon, in 2014 and has since become a leading tourist attraction in the city. "In 2017, the Time Out Market in Lisbon saw 3.6 million visitors, proving the strength of the format ahead of openings in other exciting cities over the next few years," says Julio. "New Time Out Markets are set to open in Miami in 2018 and in Boston and Chicago in 2019."