Time Out Market Budapest Opens

Time Out Group plc (AIM: TMO), the global media and hospitality business, is pleased to announce that Time Out Market Budapest opens to the public tomorrow, Saturday, 20 September.

The first Time Out Market to open in Central & Eastern Europe, this is the Company's twelfth food and cultural market and sixth Management Agreement. Due to open between 2025 and beyond, there are a further four Management Agreements signed and one Owned & Operated site (New York Union Square, set to open on 26 September 2025), with more in advanced negotiations.

Dedicated to bringing the best of the city together under one roof, across 27,000 sq ft Time Out Market Budapest offers 11 kitchens, three bars, five event spaces and around 540 seats - the Market is showcasing a curated mix of the best culinary and cultural talent of the city and beyond.

Opening in partnership with Corvin Food Market Kft, the Market is located in Corvin Palace - considered one of the city's legendary historic department stores which first opened in 1926, it has been redeveloped as a mixed-use real estate property offering retail, leisure and a hotel in a prime central location at Blaha Lujza Square. Time Out Market Budapest will be the primary food offering at Corvin Palace.

The existing Market portfolio and expected opening schedule based on calendar year is as follows: