Market Watch Daily Digest, April 2nd: COVID-19 Impact on US Parking Industry
Updated: Apr 8, 2020
* Data from 500 randomly selected parking garages, 500 on-street parking zones/blocks, and 400 surface parking lots across USA.
Nationwide Year-To-Date Stats compared to 2019 same date
Commuter/Monthly Parking Activities: +10%
Off-Street Visitor/Transient Parking Activities: -2%
Off-Street Visitor/Transient Parking Revenue: -14%
On-Street Parking Activities: -13%
On-Street Parking Revenue: -5%
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During this time of uncertainty, we're publishing daily updates on the market for our community. Our hope in publishing this data publicly is to help our industry better understand the impact of COVID-19 and, in turn, better plan in the near and medium-term.