Real Estate

Threats to the billion dollar parking industry


Share

While historically family-owned, the parking industry is today largely dominated by two players: SP Plus (SP+) and ABM. But the industry is facing some challenges. Aside from the rise of e-commerce and ride-hailing, a post pandemic world where workers are rarely driving into urban areas is forcing the industry to pivot and expand its services, as well as heavily invest in technology. It remains to be seen if those strategic decisions will pay off.

13:20

Sat, May 6 20238:00 AM EDT



READ SOURCE

Read More   Number of first-time UK housebuyers heads for 10-year low

This website uses cookies. By continuing to use this site, you accept our use of cookies.