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Hotels find new income source in parking lots

Tuesday, 27 June 20063 min read

Hotel guests who thought they heard it all about new chargeable services may be surprised at the latest: income-producing parking garages.

“Smart hoteliers are turning their parking operations into sizable profit centers, resulting in incremental revenue and even more heads in beds,” wrote Hotel & Hotel Management.

At the end of the day, hotel operators need to look at the parking stall in the same way as a room,” said Brian Falvey of HVS/Ultimate Hotel Parking Solutions.

Some hotels are charging anywhere up to $15 a night for parking for special events. Some airport-close hotels are even starting profitable “park and fly”
operations.

Does this mean that guests pay less for parking? Apparently not.

Report by David Wilkening