The parking tool of Totta data lab gives an advice on a daily base about the best price per parking spot. This will lead to achieving maximum turnover for the entire parking lot, taking availability, price sensitivity of (potential) customers and other external influences into account.
All available data sources are communicating with our predictive models. This makes it possible to predict the best price, every day, real time. U can also tell our predictive models that you want to leave a few parking spots open for people that arrive without reservations. This combination creates extra revenue without losing quality on your customer journey.
The reliability of the predictions will improve by using a customized model. A customized predictive model is also necessary to integrate this product with your organizations data and information databases. Our data scientists will take your organization trough this process, step by step.
Want to know more about our parking revenue management products? Please contact us.