The Impact of Ride-Sharing Services on Airport Parking Demand and Prices

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Year round, many folks are flocking to airports in order to travel from point A to point B. Many people are traveling to the airport for different reasons – some may be traveling for a business trip, others for a much needed vacation, or some are traveling to visit family. Regardless of the reason you’re traveling, there are many different questions that you need to answer. Questions could include but are not limited to, “where do I plan on staying while on this trip?”, “how long do I plan on being gone?”, “what is my budget for this trip?”, “what should I pack for this trip?”, and so on. While all of these questions are important, one question that everyone has to ask themselves is, “where do I plan on leaving my vehicle during my trip?”. 

When looking to park at the airport specifically, there are pros and cons. One pro to parking at the airport is the convenience factor. When parking at the airport, you are able to utilize parking lots that are in close proximity to the airport itself, alleviating how much walking and time you will need to spend to get to the airport. Another pro to parking at an airport’s parking lot is taking advantage of features that will make your life easier, such as valet parking. While this all sounds nice and dandy, there are cons that come with parking at the airport. The biggest con is the price for parking at the on-site parking lot. More often than not, if you are parking at any airport parking lot, you will need to be ready to pay the steep parking rates. This is especially true if you find yourself wanting to utilize features such as valet parking. Oftentimes, you will find that daily parking at the airport can range from $20.00 per day all the way to $40.00 per day, and there are certainly better options.

One option for you that we should definitely mention that is a great alternative to parking at the airport are third-party owned parking lots. Off-site parking lots, booked by companies such as On Air Parking, provide you parking close to the airport that you plan on flying out of, at a significantly reduced cost. On Air Parking in particular offers cheap parking rates for many different parking lots throughout the United States and will most likely offer you a deal on a parking lot that is near the airport that you’re departing from. Another great benefit to utilizing off -site parking companies such as On Air Parking, is that, in On Air Parking’s case, they offer a free 24/7 shuttle service at many of their lots, which will take you to and from the airport whenever you deem it necessary. In order to schedule your parking with off-site lots such as On Air Parking, simply visit the company website, plug in the days that correspond with the duration of your trip, and hit search. After doing so, you will be shown a list of available lots near that specific airport, as well as rates that will have you shocked at the on-site parking rates in comparison.

Another good option that beats parking at the airport is utilizing rideshare services. There are many different ridesharing services that are offered on a variety of different smart devices. These rideshare apps, such as Uber and Lyft, give people an easy and intuitive way to order on-demand ground transportation. Simply download one of the rideshare apps and create an account. Once you have linked your debit card to your account, you are then able to have someone pick you up, often in a matter of minutes, from your current location. These services that rideshare apps provide are made possible by those who sign up to become a driver. Anyone can sign up to become a driver for these companies and they will utilize their own vehicles to pick you up. Once you order an Uber or Lyft, using your location, a driver will be sent to you and then you will receive a text message of that driver’s specific vehicle so that you know what vehicle is there for you. 

There are many benefits to using these rideshare services. One benefit is that it’s significantly cheaper to take an Uber to an airport and back than it is to leave your car parked at the airport. Another good benefit to utilizing rideshare services is that you have the peace of mind knowing that your vehicle is safe at home and not potentially being tampered with at an airport parking lot. The other benefit to utilizing services from companies such as Uber or Lyft is that it is very convenient, simply taking you from your doorstep to the airport’s terminal. 

Today, we are going to focus on how the ridesharing industry has impacted the demand for airport parking lots, as well as how this industry has influenced the prices for parking at these lots. 

Ground Transportation 

Without a doubt, one impact that ridesharing apps has had is with ground transportation available at airports themselves. With airports, especially larger ones, there are typically a few different ground transportation options that you can take advantage of in order to bring you to and from the airport. Services include traveling by bus, hailing a taxi cab to take you to the airport, and some even have transportation by train. While these services are still utilized today, the utilization of these services has dropped significantly. The problem this poses to airports is that any ground transportation service that the airport offers is becoming more and more irrelevant as the years go by. 

Airport Parking 

The biggest area where rideshare companies such as Uber and Lyft have impacted airports throughout the world is airport parking. Parking at the airport used to be seen as a convenience, giving you a place to leave your vehicle while you’re out of town. Airports often would capitalize on this, which was reflected in steep prices that people would pay in order to park there. Today, things are different, so much so that airports are financially suffering due to the introduction of these rideshare companies. Many passengers have decided to do away with the hassle of parking at the airport and dealing with the hefty prices that the airports are charging, and have instead opted for using rideshare services. This has caused many airports to have to cancel any parking expansion plans, since the demand for ridesharing has been so high. Expanding parking lots would be seen as a financial loss to airports, since there’s no cars to park there and make them money. The other issue that this poses for airports is the fact that airport parking was one of the most significant streams of revenue that the airports pull in. With rideshare companies on the rise, and airport parking on the low, airports are now having to come up with different ways to achieve the same amount of profit that they were when parking at the airport was more popular.

Airport Parking Prices 

One strategy that many airports are adopting to try and counter the rideshare competition is adding more desirable parking rates. However, many airports are still having a hard time competing with the prices that off-site lots are offering. Even with the reduced parking rates that airports are adopting, airports are still struggling to retain the amount of passengers willing to pay and utilize the airport’s parking.

If you’re looking to avoid having to download the umpteenth app on your phone, you can always look for a cheap parking reservation on On Air Parking. With parking available for reservation from nationwide lots, On Air Parking offers low-cost parking even for long-term parking. You can reserve your spot online or give OAP a call at 888-487-2754 (or, even better, text them at 424-532-8940) or email them at hello@noson.io for more information. Customer service is available Monday through Friday, 10am to 7pm ET.

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