Digital Booking Sites

Parking spaces are the newest commodity to be bartered in the sharing economy

Excerpt from Slate

Dec 27, 2012 9:32 am

Skift Take

Parking Panda’s success is reliant on growing a critical mass of users that offer enough spaces to make the service useful and enough cars to make it profitable.

— Samantha Shankman

Free Report: The Changing Business of Extended-Stay Hotels

Evan Jackson  / Flickr.com

A panorama view of a parking garage in downtown Boston. Evan Jackson / Flickr.com


Parking is one of the most vexed commodities in modern American life…Fixing it is going to require better policies, but it also needs a healthy boost from the private sector. Into the breach steps Parking Panda, launched earlier this year in Baltimore and now available in many cities. It is a simple way to rent out some of those unused spaces.

… A single space in a driveway or backyard is hardly worth marketing, but if an online service can drastically simplify the discovery process, then suddenly “hidden” parking capacity can be unlocked. With Parking Panda, a spare space or five can become a small extra revenue source.

Read the Complete Story →

Tags: ,

Next Up

More on Skift

Up to 53% of Airline Passengers May Suffer From NoMoPhobia
Daily Travel Startup Watch: Fizzer, Travonline and More
Skift Forum Video: HotelTonight’s CEO on Curation in Travel
Free Webinar: How To Effectively Personalize Marketing Across Travel Sectors