January 23, 2024
July 22, 2024
How Parking Data Creates a Better Customer Experience
By implementing the latest in parking management technology, facility owners and operators can tap into powerful, real-time data with just a few clicks through their dashboards. They can run both out-of-the-box and custom reports, or modify current reports to inform critical decisions on everything from pricing to staffing to maintenance to marketing. The time they save can be better spent on improving operational efficiencies.
January 23, 2024
July 22, 2024
How Parking Data Creates a Better Customer Experience
By implementing the latest in parking management technology, facility owners and operators can tap into powerful, real-time data with just a few clicks through their dashboards. They can run both out-of-the-box and custom reports, or modify current reports to inform critical decisions on everything from pricing to staffing to maintenance to marketing. The time they save can be better spent on improving operational efficiencies.
January 23, 2024
June 18, 2024
3 Digital Tools Property Managers Should be Using to Boost Tenant Experiences
The growing popularity of hybrid and remote work schedules, combined with the highest interest rates in decades, has left the commercial real estate (CRE) market struggling for yet another year. However, there are a few bright spots that will hopefully help shift occupancy upwards once again—and help improve the tenant experience in the process.
January 23, 2024
May 28, 2024
From Tradition to Innovation: The Future of Parking Enforcement
Parking enforcement is an essential facet of urban infrastructure, ensuring the orderly use of parking spaces. The approach to enforcement varies widely and is shaped by local laws, technological advancements, and specific operational needs.
January 23, 2024
June 10, 2024
Enhancing New Builds with Modern Parking Technologies
The integration of advanced parking technologies into new builds and renovations is reshaping how developers approach urban infrastructure projects. This shift is not just about adding value; it's about creating smarter, more efficient spaces that resonate with contemporary lifestyle demands. When a property is being built for the first time or undergoing renovations, it is the perfect opportunity to incorporate the latest technologies, as you are starting from scratch and already investing. By leveraging the latest technologies, you are future-proofing your investment and creating a state-of-the-art facility that will delight tenants and guests.
January 23, 2024
May 20, 2024
The Complete Guide to Flex Real Estate and Parking Management Technology
Flexible space – or “flex space,” as it’s more commonly known – has become an increasingly attractive option for commercial real estate (CRE) developers, as the American workplace continues to rapidly evolve. With traditional office parks morphing into multi-use spaces, more flexible parking management solutions are starting to emerge as a way to support these changes.
January 23, 2024
May 16, 2024
The Future of Parking Management Technology
As in other business areas, digital transformation in parking management can create new opportunities to drive growth, increase net operating income (NOI), automate manual processes, and bring new levels of flexibility to the consumer and the operator. To achieve these goals, the savviest organizations must adapt quickly and leverage technology as a competitive advantage.
January 23, 2024
May 6, 2024
4 Benefits of Real-Time Parking Access Control Data
As data-centric solutions mature, smart parking technology is starting to take hold, leveraging the latest PropTech (or property technology) innovations to improve the parking lot experience for owners, operators, tenants, and customers. The key to this transformation is real-time access data. Unlocking this data puts control in the hands of decision-makers, opening up endless possibilities for modernizing this once-stagnant industry. And that modernization comes with real and measurable business benefits.
January 23, 2024
April 1, 2024
6 Trends in Parking Management Every Owner and Parking Operator Needs to Know
For decades, parking was a stagnant industry. Drive into a lot, take a ticket, pay, and exit. Fast forward to the last few years, and changes in how Americans work, live, and play are evolving quickly. These lifestyle changes combined with economic changes, pivots in commercial real estate, and rapid technological advances are igniting new trends in the parking industry.
January 23, 2024
March 25, 2024
5 Hidden Costs of Outdated Parking Technology for Commercial Real Estate
Smart parking technology provides real estate owners a way to bring meaningful change and digital transformation to this area of the business and can simplify the process for operations. However, many CREs continue to rely on outdated parking technology. In doing so, they are unwittingly taking on higher costs associated with these legacy systems. Clinging to outdated parking technology can, in fact, be more expensive than making the switch to modern solutions. Here's why.
January 23, 2024
February 29, 2024
Are Outdated Parking Apps Giving All of Us a Bad Name?
Many of the original mobile payment apps that once reigned as the future of parking have become a source of frustration for many. This blog explores the current paradox facing the parking industry and how user experience remains key to the future of parking technology.
January 23, 2024
March 30, 2023
What your current parking system isn’t telling you
In today's world, data is one of the most valuable resources a business can possess. The parking industry is no exception, and having access to accurate and comprehensive data is essential for managing a profitable parking operation. Unfortunately, most traditional parking systems do not provide owners with the information to make informed decisions about their facility, and what they do provide, is only accessed in a manual and laborious manner. Leveraging technology-driven parking management unlocks this data, freeing your team and resources to think about how you can best use these insights; this blog explores how.
January 23, 2024
What is LPR and why is it important for parking development?
LPR is revolutionizing the parking industry by providing enhanced security, streamlined operations, and improved customer experience. In this blog, we will delve into what License Plate Recognition is and explore why it is essential for parking development.
January 23, 2024
October 5, 2023
Unlocking the Future of Commercial Parking: 9 Reasons Why Traditional Ticket PARCS Systems Fall Short
In the fast-paced world of commercial parking, delivering an exceptional customer experience is paramount. Every interaction with your facility is a chance to make a lasting impression, but are you truly making the most of these opportunities? If you're still relying on a traditional ticket-based Parking Access and Revenue Control System (PARCS), you might be missing out on valuable customer data that can transform your parking operation.
January 23, 2024
January 12, 2024
Unlocking Revenue: Smart Strategies to Market Your Commercial Parking Facility
Making your parking facility stand out isn’t always just about location—it’s about getting drivers to notice and choose your facility over others. In this article, we will dive into some savvy strategies that can boost demand, revenue, and ultimately, the success of your parking facility.
January 23, 2024
The Tenant Parking Experience: How Offering Flexible Parking Options is Key to Attracting and Retaining Top Tenants
In the competitive landscape of commercial real estate, office owners are increasingly focused on maximizing the value of their investments by strategically attracting and retaining tenants who are willing to pay a premium price for superior workplace experiences. In this pursuit, the role of amenities has emerged as a crucial factor. Read the full blog to learn more.
January 23, 2024
November 16, 2023
Unlocking Efficiency and Value: Commercial Parking Technology as Your Merchant of Record
As technology advances, one approach stands out as a game-changer: selecting a technology solution that also serves as a Merchant of Record (MOR). In this blog, we will delve into the world of commercial parking technology and explore how choosing a solution that assumes the role of an MOR can provide substantial value.
January 23, 2024
December 29, 2023
Revamping Your Parking Strategy for 2024: 5 Resolutions for Success
As we usher in a new year, parking industry professionals are presented with fresh opportunities to elevate their operations and drive toward greater success. To gear up for an impactful 2024, here are five resolutions that commercial parking owners and operators should consider adopting.
January 23, 2024
Parking Technology Timeline: Exploring the Past, Present, and Future of the Industry
Over the years, parking technology has evolved significantly, transforming the way we park our cars. From traditional ticket-based models to cutting-edge smart parking solutions, the industry has seen remarkable advancements. In this article, we'll take you on a journey through the history of parking technology, its current state, and the exciting possibilities that lie ahead.
January 23, 2024
October 13, 2023
Maximizing Revenue with Flex Parking Subscriptions
Flex parking subscriptions are emerging as a less-known but increasingly popular choice among both property owners and tenants. In this article, we'll delve deeper into the workings of Flex parking subscriptions and why having a flexible and reliable parking system is essential for optimizing revenue.
January 23, 2024
September 26, 2023
Ensuring Business Continuity: What Happens When Your Parking System Goes Down
In this blog, we'll discuss what happens when your parking system does goes down and how Vend helps address these challenges, ensuring uninterrupted parking services for your customers.
January 23, 2024
January 23, 2024
Making Your Parking Asset a Key Amenity for Office Tenants: The Power of Tech-Driven Parking Experiences
In the world of modern office spaces, it’s not just about what happens inside the building—it’s about the entire experience, from the moment tenants arrive. Parking, often an overlooked aspect, can make a significant impact on attracting and retaining top-notch office tenants. How? Let’s delve into the game-changing realm of technology-driven parking experiences.
January 23, 2024
February 15, 2024
How to Leverage SpotHero and ParkWhiz to Increase Transient Parking
As parking operators and property owners seek to maximize revenue from their parking operations, leveraging innovative tools like Vend Park, SpotHero, and ParkWhiz can provide a winning combination.
January 23, 2024
How Hybrid Work has Impacted Parking
The shift towards hybrid work and flexible workspaces due to the pandemic has reduced overall parking demand, leading landlords to consider offering more flexible parking solutions to meet the changing needs of tenants. However, parking demand may still be high for businesses in suburban areas or those that require a physical presence.
January 23, 2024
June 26, 2023
Gateless Parking Solutions: Considerations for Commercial Real Estate Owners
Over the past 30 years, off-street parking enforcement technology has remained unchanged. Surface lots have relied on outdated pay-on-foot stations and money boxes, while parking garages have used gated paper ticket access and revenue control solutions. However, recent advancements in digital solutions have revolutionized the parking industry, offering a range of benefits such as an enhanced customer experience, increased revenue, and decreased costs.