10-28-2017, 09:51 AM
1) The City's parking rates are already the highest in the market;
2) Increasing rates further will only reduce market share as competitor pricing has remained flat;
There's a waiting list for all city lots in the downtown core and some of them are as long as 2 years. Clearly, the spots are underpriced.
2) Increasing rates further will only reduce market share as competitor pricing has remained flat;
There's a waiting list for all city lots in the downtown core and some of them are as long as 2 years. Clearly, the spots are underpriced.