Smarking

Smarter parking management. Real-time parking data & AI-powered rates

[Smarking @SmarkingInc]

VPNE piloted Smarking's Automated Yield Management (AYM) at two garages, later 13, in the Fall 2018.

By July 2019, AYM has led to a 101% increase revenue on ParkWhiz for $485,000/year

For more information please reach out at https://t.co/kBlbYXyVjK

https://t.co/oVKfTPzmAL

[Smarking @SmarkingInc]

The City of Aspen's static pricing structure did not account for the extreme demand fluctuation during on-peak season. Peak occupancy was 50% during off-peak and 100% during peak season.

For more information please reach out at https://t.co/kBlbYXyVjK
https://t.co/dK1BMPoi6I

[Smarking @SmarkingInc]

Grand Rapids was able to update parking equipment and introduce new PARCs systems without going through a chaotic historical data preservation and cross-system data integration process.

For more information please reach out at https://t.co/kBlbYXyVjK

https://t.co/ttXJT9YkrC

[Smarking @SmarkingInc]

Using Smarking, Boulder, CO crafted proposal for City Council recommending rate changes on the highest utilized city blocks. City Council approved much of the proposed rate structure.

https://t.co/gS3NSfCH9U

For more information please reach out at https://t.co/kBlbYXyVjK

[Smarking @SmarkingInc]

MGM increased parking rates from $12-$15/hour and $15-$18/hour while gaining 1.1% transactions

-$608,153 increase revenue quarterly

-+$2.4M ARR

-$80M asset value appreciation

For more information please reach out at https://t.co/hGtYeH1SCw

https://t.co/peqioBsGtz

[Smarking @SmarkingInc]

In 2021, Evanston,IL was tasked with:

1. Installing and updating EV charging equipment and identifying locations for bike racks

2. Funding improvements and repairs at downtown garages

For more information please reach out at https://t.co/kBlbYXyVjK

https://t.co/9RM0tQVZs5

[Smarking @SmarkingInc]

With SmartPass, ABM was able to create curated parking passes, ranging from single-day passes, single-session vouchers, flexible number-of-day passes, hotel overnight passes, and full monthly passes.

For more information: https://t.co/kBlbYXyVjK

https://t.co/2P923h3x8y

[Smarking @SmarkingInc]

For more information please reach out at https://t.co/kBlbYXyVjK

[Smarking @SmarkingInc]

The City of Miami used Smarking’s Business Intelligence Platform to increase mobile payment adoption from 40% to 95%, reduce maintenance and labor costs by more than $3 million dollars, all while creating over $45 million dollars of additional funds.

https://t.co/nm7qtV4fQt

[Smarking @SmarkingInc]

During lockdown in March 2020, parking revenue in North America dropped to -95%. Using Smarking, EasyPark found $562,000 worth of cost-saving opportunities, while servicing their locations.

For more information please reach out at https://t.co/kBlbYXyVjK
https://t.co/NaWtyezm9w

[Smarking @SmarkingInc]

After the implementation of the $3 for 3pm to 3am program, the occupancy of the downtown garages increased by 30% between 3pm and 3am when comparing December 2019 compared to December 2018.

For more information please reach out at https://t.co/kBlbYXyVjK

https://t.co/nCjMFox555

[Smarking @SmarkingInc]

For more information to implement your own data-driven decisions, please reach out at https://t.co/kBlbYXyVjK

https://t.co/UsF1ibel3r

[Smarking @SmarkingInc]

The City of Portsmouth implemented its Stay & Pay pricing model in August, 2020. The price of the first 3 hours was unchanged, time limits were eliminated, and metered on-street rate increased from $2 to $5 per hour in high occupancy zones and $1.50 to $3 per hour in other areas

[Smarking @SmarkingInc]

-14% year-over-year increase in revenue per transactions for all lots and On-street parking.

-48% increase (from 4.8 hours to 7.1 hours) in average length of stay at the Foundry garage

-10% increase (from 3.6 hours to 3.9 hours) in average length of stay at the Hanover garage

[Smarking @SmarkingInc]

In Q1 2022, ACE Parking sought opportunities to generate demand and capture new parkers at Oakland City Center garage as workers began to return to the office.

For more information please reach out at https://t.co/kBlbYXQwIk

https://t.co/cPkmZ4Xn6a

[Smarking @SmarkingInc]

One Parking's NYC location activated Smarking’s dynamic pricing on Oct. 1st 2020 and achieved a 138% revenue increase, outperforming 89% of Chicago locations in November 2020. https://t.co/JUVD57DNn4

For questions, please reach out at https://t.co/kBlbYXyVjK

[Smarking @SmarkingInc]

During the Stay-at-Home order in March of 2020, 67% of all U.S. monthly contract parkers ended their contracts. When offices reopened, many employees returned to the office only 2 - 3 days / week.

https://t.co/L8MBNNJrJ9

Please reach out at https://t.co/kBlbYXR4xS

[Smarking @SmarkingInc]

For more information to implement your own data-driven decisions, please reach out at https://t.co/kBlbYXR4xS

[Smarking @SmarkingInc]

December 2020-The City of Santa Monica, decided to test the impact of free parking on economic activity downtown. Free parking was enabled at 6 parking structures and paid parking was maintained at 2 structures to see if parkers shift to take advantage.

https://t.co/nAJIJF1XOg

[Smarking @SmarkingInc]

There was insignificant change in YoY loss in transactions from Dec 10- 22. Between Dec 23-25, the 6 parking structures suffered a YoY loss in transactions of 64.94%, while the 2 structures observed a loss of 55.36%. The program did not encourage parkers to shift from paid.