An invaluable ally for creating revenue opportunities.
Up to now, you needed to install expensive gate systems, designate physical areas – and lose valuable spaces – to institute premium and conditional pricing.
With a Park Assist® camera based smart-sensor system using integrated License Plate Recognition (LPR), the addition of our Park SelectRate™ extension is all that’s needed. You can easily designate spaces for premium pricing, or other pricing strategies, without incurring additional expense. Turning the process of revenue enhancement into a pure moneymaker.
Find the hidden money in your facility.
Parkers arrive throughout the day who would gladly pay a premium for one of your most desirable spaces. Especially during peak periods when your facility is reaching full capacity. With Park SelectRate, you simply use the intuitive Park Assist dashboard to mark premium spaces. A color-coded LED is activated in the appropriate smart-sensors to guide premium-minded parkers to those locations.
Automated pricing. Aided by integrated LPR.
Once a vehicle enters a premium space, the smart-sensor feeds vehicle ID and location data via Park SelectRate to your PARCS or other revenue management system – which applies the pre-entered premium rate for that particular engagement.
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. Park SelectRate also generates detailed rate history data for fine-grain analysis.