Quantcast
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 Megatrends Defining Travel in 2015

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

Cathay Pacific Puts Social Influencers, Customers in Control of New Campaign
International Tourist Arrivals Reach Record 1.13 Billion in 2014
Marriott to Expand in Canada With Acquisition of Delta Hotels For $135 Million
Can Better E-Mails Help Hotels Win Back Business From Booking Sites?