Urbanization and technological advancements are dramatically reshaping our daily environments, and at the center of this change is the parking industry, which is undergoing a pivotal transformation. At the heart of this evolution is Towne Park, leading the way in providing bespoke parking solutions to top-tier...
Parking, historically, has often been associated with the tactile - from pulling tickets to handing over cash at exit booths to providing keys to the valet. However, technological advancements and shifting towards a more digital, convenient world have left their mark on even the most...
by Joshua Miller, SVP Revenue Optimization Purchasing products and services online has become a way of life. The digital revolution has left no industry untouched; hospitality is no exception. While hotels have adeptly harnessed e-commerce and aggregators for room bookings, there's a significant ancillary revenue stream...
We've all felt the annoyance – circling endlessly to find that perfect parking spot. It's a test of patience and a pressing issue for businesses aiming for top-notch customer experience. Parking efficiency is crucial in reducing wait times, ensuring fluidity in traffic flow, and maximizing...
Within the parking management industry, data analysis is a transformative force that can shift traditional practices to smart, efficient, and customer-centric systems. This article explores how analyzing data improves revenue by directly impacting the operational, strategic, and economic aspects of the industry. By examining this process, we...
Turn Your Parking Facilities Into Dynamic Assets With Tangible Returns Parking as a Key Revenue Stream Parking can be a core revenue stream, just like rooms, F&B, or events. Parking is an asset and not just a service or amenity. What Is RevPAS? RevPAS, or Revenue per Available Space,...
In the world of hospitality, every touchpoint matters, and the journey for guests often begins the moment they arrive and pull into the front drive, and are greeted by a valet attendant. As both the initial greeting and the final farewell, valet parking is indispensable in...
In today's world, marked by rapid automation and depersonalization, valet parking emerges as a refreshing opportunity to restore personal touch and elevate customer experiences. This service transcends its traditional role as a luxury or a simple car parking solution. It has become a unique difference maker,...
In an increasingly digitized world, mobile technology has permeated nearly every aspect of our daily lives. From online shopping and remote working to digital payments and social networking, mobile apps, and devices have become a common facet of modern existence. A critical area where this...
Parking is often an overlooked aspect of event planning and management, yet it plays a crucial role in an event's success and the attendees' overall experience. More than just a space to park cars, a well-managed parking operation can contribute significantly to revenue generation, operational...
