Time Out inks new lease in Porto, Portugal

Time Out Group has signed a lease for a new Time Out Market in the iconic Sao Bento train station in Porto, Portugal.

This will be the second Time Out Market, following the success of the Group's flagship market in Lisbon which opened in May 2014.

In the first six months of 2016, the Lisbon market reported strong YoY proforma revenue growth of 106%, record levels of visitors (1.3 million) and has been EBITDA positive in each month of the current financial year.