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...
by Joshua Miller, SVP Revenue Optimization Optimizing revenue streams and uncovering new ones in the competitive hotel industry is crucial for success. One often overlooked opportunity to increase the overall profitability of a property is parking. In this article, we will explore the concept of RevPAS (Revenue...
