Turning airport parking upside down in the age of Uber
At many airports revenue growth in parking – traditionally the largest source of non-aeronautical airport revenues – is lagging far behind growth in traffic and aeronautical revenues. Several reasons are typically offered for airports' loss of market share to other modes and access models: competition from off-airport parking providers; growth of Transportation Network Companies (TNCs) or ride-hailing companies, such as Uber; and decline of vehicle use by millennials and others.
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