The franchise showcases a city’s best food and drinks experiences under one roof.
Mayor Geordin Hill-Lewis is also among the City officials embracing the 2023 Time Out Market progress as it is a “major international tourism drawcard to his precinct,” he said.
“I am excited that this popular dining experience, which has seen great success in leading cities around the world will now for the first time be hosted on the African continent. We congratulate the team at the V&A Waterfront for securing this top-tier food and drink experience.”
It is also a testament to the appeal of Cape Town as a place to bring premier initiatives which not only are enjoyable for all foodies but also continue to drive critical growth for our economy through job creation.
The City’s sentiments stem from reports from WESGRO’s Economic Overview issued last month.
“The report noted that wholesale and retail trade, hotels and restaurants have been among the top five industries, in terms of their contribution to gross value added, confirming that tourism and hospitality are key growth sectors for Cape Town’s economy,” said Mayor Hill-Lewis.
WESGRO highlighted that in the first quarter of 2022 the Western Cape recorded the second highest economic growth rate among the nine provinces of South Africa – KwaZulu-Natal performed slightly better than the Western Cape.
About the market:
The origins of the first Time Out Market date back to 2014 when the first experience was offered in a historic market hall in Lisbon, Portugal and rapidly became a must-see global tourism attraction, with over 3,9 million visitors in 2018, and was expanded to other countries.