Case Study: The Yard boosts parking revenue with AirGarage dynamic pricing

Mixed-use Parking Garage Increases Revenue by 10.5% with AirGarage’s Dynamic Pricing System

The Yard at Ivanhoe in Orlando, Florida, a Greystar property, is a mixed-use parking garage that wanted to improve revenue while maintaining a strong tenant and guest experience. AirGarage, using its parking management platform with dynamic pricing, intelligence dashboard, and enhanced enforcement, helped address the challenge of unpredictable, week-to-week parking demand.

AirGarage implemented a real-time dynamic pricing system that automatically adjusted rates based on occupancy, charging more during peak periods and less during slower times while still supporting validated parking for tenants and restaurant customers. The result was a 10.5% increase in average monthly revenue within the first three months, a 110% year-over-year revenue increase, and a better parking experience reflected in a 4.7-star average parker review.

The Yard