Kowee Park Edition is a revenue management system that manages and optimizes car park revenue with yield management and pricing tools. This innovative tool provides parking operators with relevant data and with self-learning tools that optimize future income of car parks.
The Kowee Park Edition is composed of 3 families of products:
With the right type of data sourced from the equipment system of the car park operator, car park managers can get a unique vision of their parks. K-Analytics is a unique business tool that helps identify revenue optimization leverages and helps them track potential for additional revenues.
When car park operators are challenged to adapt pricing policies to local demand changes, the Kowee pricing simulator makes it possible to change the pricing structure of parking. Kowee’s K-Pricing helps identify where the revenue leverages are the highest and to which extent – local competition context, customer perception - they may be activated with positive impact on revenues.
Many parking operators want to offer reservation services, particularly airport parking. K-Yield makes it possible to propose discounts or surcharges to the received pre-booking requests, thanks to sophisticated forecasting and optimization engines.
Kowee Park Edition is unique from other revenue parking systems because it is specifically designed for car park. It provides parking operators with useful tools and insight that focuses on the needs and dynamics of parking.
“Thanks to our solutions, one of our customers was able to reduce the average discount proposed via his on-line booking system by 50%, focusing on the only periods of time and/or customer segments where demand stimulation or competition apprehension were key.”
Kowee is the worldwide leader in revenue optimization for the car park sector. Several major airports and urban car park companies already use Kowee software solutions across Europe. Kowee Park Edition solutions are specifically designed for car park managers providing them with ad hoc tools to gain control on the revenues of the parking lots they propose, be they urban or airport car parks.