Time Out to run food and drink markets in London and Porto



Time Out, best known for its listings magazines, said on Tuesday it was close to setting up its own food and drink markets in London and Porto, after the British firm's first such venture attracted more than a million visitors in Lisbon.
Chief Executive Julio Bruno said revenue at Time Out Market Lisbon had more than doubled in the six months to the end of June, as 1.3 million visitors ate and drank at the collection of 24 hand-picked restaurants and eight bars at the site it runs.
Time Out takes a percentage of the revenue generated by each of the bars and restaurants in its hall, he said.... read more

 
27 September 2016 in Business, Views: 37
Source: Reuters
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