Time Out Market
Time Out Market operates a global portfolio of 13 curated food halls combining local food vendors, centrally run bars, and cultural programming under one roof, serving urban consumers across North America, Europe, the Middle East, Africa, and Asia.
- Company typePublic
- Founded2014
- HeadquartersMiami Beach, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Time Out Market does
Time Out Market is a portfolio of physical food-hall and cultural destinations operated by Time Out England Limited, a subsidiary of the publicly listed Time Out Group Plc (London Stock Exchange AIM: TOT). Each market brings together curated local food vendors, centrally operated bars, and cultural programming under a single roof, with the portfolio comprising 13 operational locations across North America (Boston, New York Brooklyn, New York Union Square, Montréal, Vancouver), Europe (Barcelona, Lisboa, Porto, Budapest), the Middle East (Dubai, Bahrain), Africa (Cape Town), and Asia (Osaka), plus three confirmed upcoming markets in Abu Dhabi, Riyadh, and Prague and a flagship India entry at World St., Aerocity, Delhi.
The underlying concept is a managed marketplace: Time Out curates vendors using its editorial team's local expertise, leases kitchen space to operators within the market, and directly runs the bars, while also programming cultural events to drive footfall. Unlike a conventional food court, the offering is positioned as a destination anchored by the Time Out brand's city-guide authority and supplemented by a website and email-newsletter marketing layer that funnels traffic from the parent media brand's city-specific properties (London, New York, Paris, etc.).
The business model combines two revenue streams: licensing/rent collected from third-party food and beverage vendors operating stalls and kitchen counters, and direct bar sales from creative cocktails, craft beers, wines, and spirits. Pricing is set independently by each vendor rather than centrally by Time Out Market. Expansion is executed through partnerships with commercial real estate developers — most notably a flagship co-development with Bharti Real Estate for the India entry — suggesting a franchise- or licensing-style model for new geographies rather than wholly-owned builds. Customer concentration sits on the landlord/real estate partner side at the expansion layer, while end demand is diversified across urban consumers, office communities, business travelers, and event attendees.
Time Out Market firmographics
Firmographics- Name
- Time Out Market
- Legal name
- Time Out England Limited
- Website
- https://timeoutmarket.com
- Company type
- Public
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Time Out Market operates a global portfolio of 13 curated food halls combining local food vendors, centrally run bars, and cultural programming under one roof, serving urban consumers across North America, Europe, the Middle East, Africa, and Asia.
- Ownership category
- akta.pro rank
Time Out Market industry classification
Industry- Product category
- Food Halls and Hospitality Venues
- NAICS
- Restaurants and Other Eating Places (72251), Food Services and Drinking Places (722), Special Food Services (7223)
- SIC
- Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812), Services-Amusement & Recreation Services (7900)
- akta.pro primary industry
- Special Occasion & Destination Restaurants (THAFACAK)
- akta.pro secondary industries
- All-Day Dining Restaurants (THAFACAJ), Food, Wine & Beverage Festivals/Expos (MPAGAFAE)
Keywords
Where Time Out Market is headquartered
LocationHeadquarters
- HQ city
- Miami Beach
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Time Out Market business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Vendor Rent and Leasing: Time Out Market generates revenue by leasing space to curated food and beverage vendors within their market locations. Vendors operate individual kitchen counters and stalls within the market.
- Bar Operations: Each market features bars where Time Out operates directly, serving creative cocktails, craft beers, wines, spirits, and soft drinks.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Time Out Market product offering
Product offeringCore offering
Time Out Market operates a global portfolio of physical food hall destinations that aggregate curated local restaurants, bars, and cultural programming under one roof. Each market brings together a city’s best food vendors, craft beverages, and events into a single venue, with space leased to vendors and bars operated directly by Time Out.
Product overview
Time Out Market is a unified portfolio of food hall destinations offering the best food, drinks, and cultural experiences from each city under one roof. The portfolio consists of 13 operational markets across global cities (Barcelona, Boston, Lisboa, Montréal, New York Brooklyn, New York Union Square, Porto, Dubai, Bahrain, Cape Town, Osaka, Budapest, and Vancouver), plus 3 upcoming locations (Abu Dhabi, Riyadh, and Prague). Each market curates local food vendors, cocktail bars, craft beer selections, and cultural programming. The India expansion marks the first South Asian market entry with a 24,500 sq ft facility in Delhi. The product is structured as individual location-based food hall venues, each featuring three core pillars: Food (curated local restaurants and vendors), Drinks (bars with cocktails, craft beers, wines, and spirits), and Culture (events and cultural programming).
Differentiator
Problem solved
Functional benefit
Products and services
- Time Out Market Boston A food hall in Boston showcasing the city's best culinary offerings, craft beverages, and cultural events, targeting urban diners and visitors.
- Time Out Market New York Brooklyn A Brooklyn-based food hall featuring curated food vendors, bars, and cultural events for New York diners.
- Time Out Market New York Union Square A Manhattan location featuring the best of New York City's food, drinks, and cultural programming.
- Time Out Market Montréal A food hall in Montreal featuring local and international culinary options, drinks, and cultural programming.
- Time Out Market Vancouver A food hall in Vancouver featuring Canadian and international culinary options, drinks, and cultural events.
- Time Out Market Barcelona A flagship food hall location in Barcelona featuring curated local food vendors, bars, and cultural programming.
- Time Out Market Lisboa
Quantifiable outcome
- 13 operating markets globally across North America, Europe, Middle East, Africa, and Asia
Companies that use Time Out Market
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Time Out Market technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Time Out Market partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Bharti Real EstateflagshipBharti Real Estate is the real estate developer behind World St. at Aerocity in Delhi, India. Time Out Market will open its first Indian branch at this development, spanning 24,500 square feet with 11 kitchens, two bars, and event space for 500 guests. The partnership marks Time Out Market's entry into the Indian market as part of Bharti's premium dining and retail corridor.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Time Out Market competitors and assessment
Company assessmentDirect peers
- Eataly: Eataly operates destination food halls combining curated Italian food vendors, sit-down restaurants, retail, and educational programming under one roof. Directly comparable to Time Out Market's three-pillar (food, drinks, culture) destination market model.
- Chelsea Market: Iconic New York City food hall and curated retail destination housed in a single building, featuring a mix of food vendors, restaurants, and shops. Operates as a destination market concept similar to Time Out Market New York Brooklyn.
- Ponce City Market: Atlanta-based mixed-use destination combining a curated food hall, retail, and event spaces in a repurposed historic building. Comparable as a destination food hall with curated vendors and event-driven programming.
- Urbanspace: New York-based food hall operator running multiple curated food hall locations (Vanderbilt, Union Square, etc.). Direct competitor operating curated multi-vendor food hall formats in urban markets.
- Hawkers Asian Street Food: Operator of themed Asian street food halls in the U.S. with multiple locations. Directly comparable as a curated, themed multi-vendor food hall destination concept.
- Reading Terminal Market: Historic Philadelphia public market operating as a curated multi-vendor food hall with a mix of local vendors, restaurants, and specialty retailers. Comparable as a long-running destination market format.
- Mercado de San Miguel: Madrid landmark historic market hall featuring curated Spanish tapas and beverage vendors in a single destination. Comparable destination food market model, particularly relevant given Time Out Market's Barcelona and Portuguese presence.
- Market Hall Fulham / Market Halls London: London-based independent operator of multi-vendor food halls (Fulham, Victoria, Oxford Street). Direct comparable as a curated destination food hall operator in Time Out's home UK market.
Regional players
- Foodhallen: Amsterdam-based operator of curated indoor food halls (multiple locations in the Netherlands). Comparable destination food hall concept operating primarily in European markets where Time Out Market also has a presence.
Broad incumbents
- Westfield Food Halls (Unibail-Rodamco-Westfield): Global shopping center operator (Unibail-Rodamco-Westfield) that has launched curated food halls inside flagship shopping centers. Comparable as a broad incumbent deploying destination dining within larger retail real estate portfolios.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Time Out Market social profiles
Digital presenceTime Out Market financial estimates
Financial estimateRevenue estimate
Valuation estimate
Time Out Market leadership team
Management profileNumber of profiles
Time Out Market funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Time Out Market M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Time Out Market
What does Time Out Market do?
Time Out Market operates a global portfolio of physical food hall destinations that aggregate curated local restaurants, bars, and cultural programming under one roof. Each market brings together a city’s best food vendors, craft beverages, and events into a single venue, with space leased to vendors and bars operated directly by Time Out.
Is Time Out Market a public or private company?
Time Out Market is a public company. It is classified as public and is currently operating.
When was Time Out Market founded?
Time Out Market was founded in 2014. It employs 11 to 50 people.
Where is Time Out Market based?
Time Out Market is headquartered in Miami Beach, United States, in the North America region.
How does Time Out Market make money?
Two revenue lines are on record. Vendor Rent and Leasing is the primary driver. The others are bar Operations.
Who are Time Out Market's main competitors?
Direct peers on record are Eataly, Chelsea Market, Ponce City Market, Urbanspace, Hawkers Asian Street Food, Reading Terminal Market, Mercado de San Miguel and Market Hall Fulham / Market Halls London. Foodhallen is listed as a regional player. Westfield Food Halls (Unibail-Rodamco-Westfield) is listed as a broad incumbent.
Does Time Out Market have an API?
No public API is recorded for Time Out Market.
What industry is Time Out Market in?
Time Out Market's product category is Food Halls and Hospitality Venues. Its primary akta.pro industry code is THAFACAK, Special Occasion & Destination Restaurants, with a secondary code of THAFACAJ, All-Day Dining Restaurants. Its NAICS code is 72251 and its SIC code is 5810.