Thought Leadership Archives

About
- History
  - - - History
      - The story of great service starts here, in 1988 with a single valet stand. Today, we’re more than just one, but our focus remains centered on each person we serve. Towne Park was created based on a strong ethic of service and deep understanding of the role great valet service has in the overall guest experience.
      - Learn More
- Culture
  - - - Culture
      - Hospitality is a people-driven industry. Delivering meaningful and memorable experiences is more than a simple interaction, it requires a passion for and commitment for service to others.
      - Learn More
- Safety First Commitment
  - - - Safety First Commitment
      - Exceptional service requires a relentless commitment to safety. At Towne Park, part of delivering an exceptional experience is providing an environment that is safe and comfortable for all. Our culture of Safety First makes operating safely a personal commitment for each team member. This commitment is focused around our six Safety First pillars, ensuring safety is a priority and our team puts safety into practice every day, everywhere, and with everyone.
      - Learn More
- Commitment to Racial Equity & Inclusion
  - - - Commitment to Racial Equity & Inclusion
      - The heart and soul of our company and each one of us at Towne Park is our values — our values of respect for all, integrity always and care for others.
      - Learn More
- Community Impact
  - - - Community Impact
      - At Towne Park, our values of treating people with respect, caring for others and our deep commitment to service is core to who we are. We’re dedicated to creating memorable experiences and making a difference in the lives of all those we interact with – our teams, our clients, our customers, and our communities.
      - Learn More
- Industry Partnership & Recognition
  - - - Industry Partnership & Recognition
      - We participate in several partnerships and collaborations with leaders and organizations that support industry thought leadership, provide access to data and information-advancing knowledge, and help our teams stay current with the latest industry trends. Our network works together to support our education and development goals.
      - Learn More
- Leadership
  - - - Leadership
      - Meet the executive team envisioning and leading the Towne Park for today and into the future.
      - Learn More
Solutions
- Healthcare
- Hospitality
- Markets
- Revenue Optimization
  - - - Revenue Optimization
      - At Towne Park, we view parking as a valued asset that should be leveraged to drive performance. We measure this opportunity using RevPAS or revenue per available space, a key metric to evaluate our parking optimization.
      - Learn More
- Technology & Innovation
  - - - Technology & Innovation
      - Create seamless experiences with technology and innovative solutions that exceed expectations for convenience, efficiency and safety.
      - Learn More
T-Park®
Client Impact
News
Careers
Contact

About
- History
  - - - History
      - The story of great service starts here, in 1988 with a single valet stand. Today, we’re more than just one, but our focus remains centered on each person we serve. Towne Park was created based on a strong ethic of service and deep understanding of the role great valet service has in the overall guest experience.
      - Learn More
- Culture
  - - - Culture
      - Hospitality is a people-driven industry. Delivering meaningful and memorable experiences is more than a simple interaction, it requires a passion for and commitment for service to others.
      - Learn More
- Safety First Commitment
  - - - Safety First Commitment
      - Exceptional service requires a relentless commitment to safety. At Towne Park, part of delivering an exceptional experience is providing an environment that is safe and comfortable for all. Our culture of Safety First makes operating safely a personal commitment for each team member. This commitment is focused around our six Safety First pillars, ensuring safety is a priority and our team puts safety into practice every day, everywhere, and with everyone.
      - Learn More
- Commitment to Racial Equity & Inclusion
  - - - Commitment to Racial Equity & Inclusion
      - The heart and soul of our company and each one of us at Towne Park is our values — our values of respect for all, integrity always and care for others.
      - Learn More
- Community Impact
  - - - Community Impact
      - At Towne Park, our values of treating people with respect, caring for others and our deep commitment to service is core to who we are. We’re dedicated to creating memorable experiences and making a difference in the lives of all those we interact with – our teams, our clients, our customers, and our communities.
      - Learn More
- Industry Partnership & Recognition
  - - - Industry Partnership & Recognition
      - We participate in several partnerships and collaborations with leaders and organizations that support industry thought leadership, provide access to data and information-advancing knowledge, and help our teams stay current with the latest industry trends. Our network works together to support our education and development goals.
      - Learn More
- Leadership
  - - - Leadership
      - Meet the executive team envisioning and leading the Towne Park for today and into the future.
      - Learn More
Solutions
- Healthcare
- Hospitality
- Markets
- Revenue Optimization
  - - - Revenue Optimization
      - At Towne Park, we view parking as a valued asset that should be leveraged to drive performance. We measure this opportunity using RevPAS or revenue per available space, a key metric to evaluate our parking optimization.
      - Learn More
- Technology & Innovation
  - - - Technology & Innovation
      - Create seamless experiences with technology and innovative solutions that exceed expectations for convenience, efficiency and safety.
      - Learn More
T-Park®
Client Impact
News
Careers
Contact

17 May Parking as a Source of Revenue for Hotels: Strategies for Success

Posted at 14:54h in Blogs, Thought Leadership 0 Comments

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...

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