Financial Return

Q:     Do you see your parking operations as a cost of doing business or a profit center?

A:     Not all parking management platforms produce revenue that offset expenses associated with their operation. When this is the case, we provide a detailed operating plan that outlines specific strategies and their impact on parking including but not limited to customer and employee space, premium and reserved spaces, public perception of parking, accessibility and overall functionality.

When the market and your specific asset enable revenue streams, strategies are developed to encourage parking behavior that is in your best interest.

Ultimately, a financial cost/benefit analysis is completed for all situations, whether they are revenue producing or non-revenue producing operating plans.