Tag: dynamic pricing
SeaPark, Seattle’s dynamic pricing system for parking, does more with less $
In 2010, the Seattle Department of Transportation introduced dynamic pricing to its parking spaces under a scheme called SeaPark. With a top spend of just $1.2 million, it has managed to achieve its goal of a 70-85 percent occupancy rate during working hours in the city’s core commercial area. Benefits of demand-responsive pricing for the public […]
Free parking fallacies: Infographic & report
[raw] [/raw] We at MyParkingSign are in a unique position to discern trends in how people are managing their parking lots. As part of an internal study, we looked into why some parking signs are selling more and others less, and why lot owners are looking for an increasingly diverse set of parking signs and […]
