Why Airport Parking Is So Expensive

Why Airport Parking Is So Expensive

Ever parked at the airport and wondered the reason behind the sky-high prices? Even as airfares slide, parking at the airport is a ridiculously expensive proposition. Especially if you don’t have an alternative mode of travel to the airport, you’re staring at a huge bill.

What Decides Parking Charges?

Like most things, it is the demand that decides the price. High real estate and maintenance costs are the primary reasons behind rocketing parking charges. Priced according to convenience and distance from the terminal, here are a few of the airport parking options:

  • Short-Term Parking: A convenient yet expensive option designed for people who are dropping off or picking up passengers
  • Daily Parking: These parking lots are located at a short driving distance from the airport terminals and are mostly cheaper than short-term parking
  • Long-Term/ Satellite Parking: Ideal for travelers who wish to leave their car in the lot for several days, satellite parking garages are normally far away from the airport and the rates are cheaper than the aforementioned ones
  • Valet Parking: Although extremely convenient, be ready to pour in extra bucks if you opt for valet parking

The Early Bird Catches the Worm

A pre-booked halting spot is probably the savviest way to avoid the rip-off charges and enjoy the convenience of airport parking at the same time. Reserve your space well in advance to escape paying the premium charges on-spot on the day of your travel.

Here are some feasible alternatives to dodge the crippling airport parking charges:

Off-airport Parking

Many private companies are setting up garages near airport terminals and offering shuttle services to and from the airport. It is cost-effective as prices are usually lower than the airport rates. Some packages might also include a free car wash while you are away.

Hail a Cab

An advantageous yet a not-so-advantageous option as the prices can be sky-rocketing even for short distances. Taxi services offered by companies such as Uber and Ola are affordable as long as you are not traveling at odd hours.

Opt for Public Transport

If you live near a bus route or a subway system, public mode of conveyance could effectively reduce your travel expenses a great deal. However, it may take longer than a car service and therefore, keep the allowance of extra time for traffic delays. Changing buses or trains might also not be a very comfortable alternative if you are traveling with a lot of luggage.

While lack of sufficient parking space is not a problem we have to deal with, the prevalent woe of exorbitant parking charges is exacerbated by the long queue of cars that enter the airport to pick up or drop a passenger. Say you have gone to the airport just to give your friend a ride. Now, thanks to the long line of cars, you might have to wait for a time greater than the allowed free-parking time.

Consequently, you will be charged for each extra minute you stay. On one hand, there’s really no direct solution to this problem but on the other, you are always welcome to opt for the alternatives. Always weigh your options and decide your preferred mode of travel well in advance to save money.

Source:  http://blog.getmyparking.com/2018/11/13/why-airport-parking-is-so-expensive/

Website: http://www.getmyparking.com/

About Get My Parking 

Get My Parking is an award-winning provider of Interoperable Digital Parking Platform that integrates any parking equipment and connects it to mobile and cloud for a standardized seamless experience. It enables parking operators and owners to leapfrog to a customized white-label solution with their existing equipment. It essentially plays the role of connecting all parking and mobility stakeholders on common platform who were until now operating in silos. It has presence in over 4 countries and processes over 2 million transactions per month. It was awarded ‘Amazon AWS Mobility Startup of the Year (emerging) 2017’ in Travel category.

 

Get My Parking was conceived with a view to affordably digitize the global parking industry. With a dream run of achievements and appreciation by Prime Ministers of India and UK both, it is also working with several city governments to provide smarter parking for smart cities. Its strong foundation of team, technology, and partnerships with leading system integrators and parking equipment manufacturers enables it to provide a single seamless platform for all stakeholders involved like operators, consumers, equipment manufacturers, and city administrations. The company aims to create future-proof parking technology and connect parking industry internally as well as with urban mobility players.

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