- Meetings & Events
- Membership Services
- Professional Development
- Parking Matters
- Knowledge Center
- Shop IPI
Airport parking facilities contribute between $2 and $118 million in gross revenues annually to an airport, with a typical large hub airport generating $55 million per year
FREDERICKSBURG, VIRGINIA (May 8, 2012) - Parking is a key component of business operations at airports, generating between $2 and $118 million in gross revenues annually, with a large hub airport generating $55 million per year, according to a newly released report of a study conducted by the Airports Council International-North America (ACI-NA), LeighFisher, and the International Parking Institute (IPI).
The 2012 ACI-NA/IPI Parking Survey included 53 U.S. airports in every Federal Aviation Administration (FAA) region except Alaska and comprised more than 40 percent of large- and medium-hub airports. Two Canadian airports also participated. The study is based on 2010 data on parking revenues and transactions, parking space inventory, payment methods, management structure, and other aspects of airport parking operations.
Among the findings:
"This study demonstrates that parking is a significant component of the operations of airports of all sizes," explains Shawn Conrad, CAE, executive director of IPI, and a member of the study advisory committee. Conrad added that to enhance customer service, streamline the process of finding and paying for parking, and improve sustainability, a growing number of airports are investing in the advanced technologies that have transformed the parking industry over the past few years.
The full report can be downloaded here.
# # #
Airports Council International-North America represents local, regional and state governing bodies that own and operate commercial airports in the United States and Canada. http://www.aci-na.org/
International Parking Institute is the world's largest trade association representing parking professionals and the parking industry. www.parking.org
LeighFisher is a global management consultancy with expertise in aviation, transportation, energy and utilities, government, and infrastructure services. www.leighfisher.com
# # #
International Parking Institute