Market Watch Weekly: State of the Parking Industry, May 27
Updated: May 30, 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
US Off-Street Commuter Parking Activities: -59%
US Off-Street Visitor Parking Activities: -77%
US Off-Street Visitor Parking Revenue: -78%
US On-Street Visitor Parking Activities: -68%
US On-Street Visitor Parking Revenue: -70%
US Online Parking Demand Indexes - Powered by Smarking's Partner, Arrive
A contactless, digital parking experience is critical during and post COVID-19 pandemic. Online parking data may signal the market recovery faster than offline, drive-up data. Our partner, Arrive has made stats available by sampling 3500 locations in 15 top US markets, using Jan 2020 demand as the market norm baseline.
