At the onset of the global coronavirus pandemic, we watched from our offices – and then our dining tables –in real time as demand for parking plummeted. Occupancy approaching zero, valet stands shuttering. Devastation across an entire industry.
So now more than ever, the demand to control, diversify and grow revenue is top of mind for all parking asset owners and operators. By utilizing a real-time business intelligence engine that leverages metrics like revenue, occupancy, and equipment health, asset owners and operators can build actionable strategies for revenue growth and diversification.
You can’t control what you don’t know. Gaining insight into day-to-day operations is the first step towards preventing downtime, increasing revenues, developing efficiencies, and cutting costs. The next step is moving beyond a single source of revenue – because modern mobility is characterized by more than just cars.