At Parking BOXX, we are hotel parking specialists that offer customized solutions – exclusively tailored to hotels!
Here are a few of the ways our customers strategically incorporate parking revenue to improve their RevPAR!
1.
Ensuring Guest Parking.
Ensuring parking availability for your guests is critical. A gated parking system allows hoteliers with limited parking to reserve parking spaces for guests based on reservations and still provide a limited number of spaces to visitors. Additionally, gate systems ensure that all parkers are paying – either as part of their Room Folio Charges or as a fee-based parker.
How Much Parking Revenue?
For an annual estimate, if you have:
- 200 nightly parkers at $8/night: $584k
- 500 nightly parkers at $15/night: $2.74M
Test more revenue scenarios with our
Free Calculator!
2. Optimizing Visitor Parking. In addition to hotel guests, many visitors attend meetings & events at the property. Capture this incremental revenue, scale availability updates, adjust pricing for larger events or slower times. Allow payment via secure EMV, Apple Pay, Google Pay at the kiosk or pay via app!
3. Using Validation As Value-Added Promotions. For meetings, weddings, and other events, your marketing team can offer reduced priced parking, free parking, alternate rate structures. Full tracking and reporting is available.
4. Generating Revenue from Monthly/Business Parking. When there is excess parking capacity, parking may be sold to nearby business parkers. Parking BOXX offers a fully automated system for sign up and managing ongoing monthly renewal payments.
5. Generating Revenue from Parking Reservation Aggregators. Parking BOXX integrates with all major parking aggregators to all reserved parking for attending nearby events.
6. Conducting Square Footage Analysis. As many hospitality professionals analyze revenue for not only RevPAR but also per square foot, remember that your parking area, whether a garage or lot, may be one of the largest areas of the property to drive revenue!
At Parking BOXX, we understand your focus on revenue while providing an excellent guest experience! View our projects or give us a call to discuss.
Parking BOXX accommodates the needs of small lots as well as large, complex parking systems. Parking BOXX has over 80 years of parking systems experience, service partners throughout North America, and parking sites in operation from Los Angeles, the Caribbean to Newfoundland. Parking BOXX parking systems reliably run sites with thousands of daily vehicles and millions in annual parking revenue.
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