As workers return to the office, hotels and restaurants reopen, and other businesses start their recovery from the COVID-19 pandemic, many parkers are looking for alternatives to traditional monthly parking products. Parking Advisors has observed a number of recent trends, including: Online Sales – Online sales of daily parking have… Continue reading →

The parking sector does not have a source of readily available, detailed market data. Therefore, we have been building our own databases and analysis to support our clients. Our team recently completed a market-wide analysis of almost every public parking facility in Downtown Chicago. Our team walked the market and… Continue reading →

Parking operations may seem simple. A property team hires a parking operator and approves a budget. The operator collects revenue, pays the operating expenses and sends the balance to the property owner less their management fee. This all seems pretty straightforward. Unfortunately, it's not that simple, and the devil is… Continue reading →