Using an automated parking guidance system (APGS), owners and operators can maximize their parking garage revenue

Find the hidden money in your facility to maximize your revenue stream

You know where the most desirable spaces are in your parking facility. The fact is, parkers are arriving throughout the day who would gladly pay a premium for one of those spaces. This is especially true during peak-activity periods when your facility is reaching full capacity. When integrated with your PARCS or other revenue management system, you can adjust price points on a space-by-space basis for maximum revenue. Moreover, our user-friendly parking guidance system is designed for a seamless, third-party integrated parking experience, incorporating mobile-based payment methods to eliminate friction points.

The synergy of INX and integrated LPR

With our Business Development+ API package, available as a Premium Subscription, you can easily designate spaces for premium pricing — or other pricing strategies — anywhere throughout your entire facility.

With Park SelectRate, an integral component of our sophisticated INX data analytics ecosystem, you can simply use Park Assist’s intuitive INX dashboard to mark a premium space. A color-coded LED is activated in the appropriate smart sensor, guiding premium-minded parkers to that space.

Once a vehicle enters a premium space, the M5 camera-based smart sensor feeds vehicle ID and location data via INX and/or the Business Development+ API package to your PARCS or other revenue management system — which applies the pre-entered premium rate for that particular engagement. Our current system works with most 3rd party software.

Set premium and conditional pricing structures

With the Park Assist solution, premium parking can be a bona fide moneymaker. No need for expensive gate systems or costly loss of spaces. The intelligence-driven automated parking guidance system (APGS) is all-encompassing solution with the power to instantly increase revenues and the bottom line.

The ability to set variable parking rates can be used for a number of scenarios, including short-stay zones in high turnover areas, off-peak discounting, or event parking. Operators can add, change, assign, and delete rates — and adjust smart-sensor LED colors — as needed. The Business Development+ API also generates detailed rate history data for fine-grain analysis.

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