Tag: demand based pricing

Smart parking could mean tricky new pricing, data models for cities | statescoop

Smart parking could mean tricky new pricing, data models for cities | statescoop

New research suggests smart parking meters may do more than decongest streets, but be a potential money maker for cities collecting fines and fees. Research firm IDC reports that smart parking technology that uses sensors or video to relay parking occupancy has potential to be a revenue generator as it alerts parking enforcement about violations and generates […]

SF parking meters may soon feature Uber-like surge pricing | The San Francisco Examiner

SF parking meters may soon feature Uber-like surge pricing | The San Francisco Examiner

Parking meters across San Francisco may feature “dynamic” pricing by the end of this year. The new parking meter pricing policy will allow The City’s transportation planners to lower or raise prices based on the demand for parking spaces, in similar fashion to Uber’s surge pricing, which raises prices for ride-hail vehicles when demand for […]

Feeding the parking meter a thing of the past | The Globe and Mail

Feeding the parking meter a thing of the past | The Globe and Mail

“Technological innovation can help make this marketplace more transparent,” Mr. Johal says. “The marketplace is finally being brought into the 21st century.” The next step, he adds, is likely to be dynamic pricing – or the ability for municipalities to change parking rates more quickly based on availability and demand. San Francisco, for example, has […]

Cincinnati Parking Meters Rates Go Up Next Month | WVXU

Cincinnati Parking Meters Rates Go Up Next Month | WVXU

Meter rates will increase from 50 cents to 75 cents per hour in the following neighborhood commercial districts: Clifton, Corryville, The Heights, CUF, East Walnut Hills, Hyde Park, Mt. Lookout, Northside, Oakley, College Hill, O’Bryonville, Pleasant Ridge and Walnut Hills. Rates will remain at 50 cents an hour in the following neighborhoods: Avondale, Camp Washington, […]

Downtown Macon parking spots could vary in cost | 13wmaz.com

Downtown Macon parking spots could vary in cost | 13wmaz.com

“Dynamic pricing to make sure that the system doesn’t price or push anyone out so that people can self-select their own interest,” says Morrison. Morrison says they are also going to offer paid parking permits for people who live or spend a lot of time downtown. “We’ve heard from residents time and time again that […]

How ‘Gaming’ the System Helped This Business Get Thousands More Customers | Entrepreneur

How ‘Gaming’ the System Helped This Business Get Thousands More Customers | Entrepreneur

Sometimes it’s busy, sometimes it’s slow. Such is the nature of running nearly any kind of business. Off-season lulls seem to drag on forever, and bad weather causes customers to change their plans and spend their dollars elsewhere. Simply offering a coupon, sale, matinee price or happy hour doesn’t always cut it. Even dynamic, demand-based […]

Dubai theme park operator reviews strategy as losses pile up | Arab News

Dubai theme park operator reviews strategy as losses pile up | Arab News

The company also revealed the departure of senior executives, including Klaus Assman, Stanford Pinto, Matt Priddy and Paul La France. Dubai Parks and Resorts attracted more than 1 million visits during the first six months of the year, with about 414,400 visits during the second quarter. DXBE said it was progressing well toward achieving a […]

How parking lots are ruining Los Angeles | Curbed LA

How parking lots are ruining Los Angeles | Curbed LA

In the city of Los Angeles, any new building with more than three units must have its own full-sized, dedicated parking space for each unit, adding about 375 square feet per unit to the project (the architect’s estimate includes not just the 330 square-foot space itself but access to the street). And with land costs […]

‘Smart’ parking pain solution for Townsville | Geelong Advertiser

‘Smart’ parking pain solution for Townsville | Geelong Advertiser

DYNAMIC parking pricing where the cost of a car space fluctuates according to demand could help ease Townsville’s parking woes, according to a national industry body. Lorraine Duffy, chief executive of Parking Australia, said dynamic parking was a supply and demand model that meant when parking demand was high, so was the price. “Dynamic/demand-based parking […]

Off the Record: Aparkalypse now: why parking is political hell | Whistler Question

Off the Record: Aparkalypse now: why parking is political hell | Whistler Question

Objective number one, however, is contrary to objective number two, which is to increase revenue from the day lots. If the revenue projections are based on the same amount of people parking in the day lots every day, then you will not have achieved your objective of “getting people out of their cars and onto […]