Say hello, the future of parking is here
Automated Yield Management for
Your Parking Portfolio
The industry's first fully automatic dynamic pricing engine
Implement 100's of demand-based rates per day
Proven success - 163% average revenue uplift
Effortlessly maximize your asset revenue
Select the parking locations you'd like to turn on automated dynamic pricing for.
Authorize access to pull your data - we'll normalize and organize it, regardless of the equipment mix across your portfolio.
Watch your revenue increase as our machine-learning algorithm implements 100s of rates per day based on demand.
How does it work?
The automated yield management (AYM) system utilizes Smarking’s baseline business intelligence product to capture historic, real-time, and forecasted demand.
AYM then calculates the ever-changing demand curves for a specific parking location.
This sets parking rates that will maximize revenue for the applied parking sites, similar to the pricing engines that the hotel and airline industries utilize.
What are your revenue opportunities?
By leveraging your locations regional information and allocated spaces, we can determine the market rate for your portfolio.
Additionally, we can forecast the revenue uplift after implementing AYM (automated yield management tool). Let's uncover opportunities, submit your info. to get started!
Empowering Commercial Real Estate Owners
“One of our Chicago assets deployed Smarking AYM in March 2019, and we have observed continuously growing revenue increases since then for up to 136% (YOY), annualizing a very meaningful NOI and asset valuation uplift.
Our partnership with Smarking helps us deliver competitive investment performance through economic and property market cycles, which is a driving principle here at LaSalle.”
Peter Opoku, Asset Manager