Demand-based parking is a relatively new concept that is currently only being used in San Francisco but due to parking congestion, large cities nationwide will likely soon be creating their own versions of demand-based parking. With this system, meter rates go up or down based on demand, which encourages faster turnover on overly crowded (more […]
Large hotel chains like Marriott, Hilton, and Wyndham as well as small hotel groups across the nation are either starting their own valet operations or hiring a parking management company to manage the valet service for them. The reason for this is simple, most hotels these days are dealing with a lack of parking space and are simply […]
A successful business attracts customers and keeps them coming back. Everything about a business should aim for repeat business. Despite having a great line-up of products and excellent service, not every business achieves that goal. It’s due to one simple, yet fairly common problem: a lack of parking space. One of the aspects often overlooked […]
Parking Management Industry Overview MarketsandMarkets forecasts that the Global Parking Management Market is estimated to grow from USD 3.03billion in 2016 to USD 5.00billion by 2021, at an estimated CAGR of 10.6%. An increase in the number of vehicles across the world is impelling the demand for an effective system to find solutions to parking […]
