Ace Parking at Phoenix Airport Credits IDeaS in Helping Modernize its Revenue and Commercial Management Strategies

Car Park clients increased revenue, on average, by 26.3 percent in 2023 while delivering a seamless, personalized, and positive customer experience

4 min read
Sky Harbor Parking, Phoenix — Photo by IDeaS Revenue Management Software

Parking is a critical source of revenue for airports. Yet, many operators continue to rely on a one-size-fits-all approach to parking rates, often ceding revenue opportunities to public transportation and ride-sharing services. IDeaS, a SAS company and the world’s leading provider of revenue management software and services, announced today that Ace Parking at Phoenix Airport (PHX) has optimized revenue and operations through investments in its modern technology stack. After integrating an online booking system in 2019, the Ace Parking team began using analytics to develop variable pricing to optimize revenue. IDeaS Car Park RMS now helps with demand management to ensure the business uses the capacity to its fullest potential.

Air travel has rebounded smartly in the post-pandemic economy, and the need for easy, convenient parking at airports has risen. According to the 2023 Airport Economics Report, parking represents roughly 37 percent of all non-aeronautical revenue in North America, growing as travel and consumer activity increases. Car Park RMS is another example of the IDeaS product portfolio’s diversification. As the company grows this segment, it continues to scale its investments accordingly. IDeaS also revealed an uptick in the need for its Car Park RMS product. Car Park clients, on average, grew revenue by 26.3 percent in 2023.

Shane Henning, general manager/director, Ace Parking Phoenix Airport, said: IDeaS has helped us on our modernization journey through revenue and commercial management. From helping us understand how best to use our parking facilities to leveraging marketing and helping us evolve, IDeaS brings key insights and knowledge to help us succeed. The company has the most sophisticated analytics in the airport parking industry.

Ryan MacLagan, director, Car Park global sales and account management, IDeaS, said: Airport parking closely resembles the hospitality industry regarding operation and opportunities when growing revenue. Both parking facilities and hotels benefit from demand-based dynamic pricing models–and both industries have ample runway to benefit from adopting these tools and capabilities. We are thrilled to see the growth of our division and look forward to working with new clients from around the world as they look to invest in the future of travel through IDeaS Car Park RMS.

About IDeaS

IDeaS, a SAS company, is the world's leading revenue management software and services provider. Combining industry knowledge with innovative data analytics technology, IDeaS creates sophisticated yet simple ways to empower revenue leaders with precise, automated decisions they can trust. With 35 years of expertise serving hospitality, including hotel, event, and parking clients, IDeaS delivers revenue science to more than 30,000 properties in 158 countries around the world. Results delivered. Revenue transformed. Discover greater profitability at IDeaS.com.

Revenue Management

IDeaS

8500 Normandale Lake Boulevard, Suite 1200
Minneapolis, MN 55437
United States

Phone: (952) 698-4200
[email protected]
ideas.com

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