Patent ID: 10565804

Abstract:
The present invention relates in general to parking availability systems and methods of parking, and more specifically, to a parking system that manages individual parking spaces in real-time. Notably, the present invention gives a parking asset owner flexibility to adjust parking prices for individual parking spaces within a parking facility in real-time depending upon dynamic market conditions such as demand, convenience, and location. The purpose of the invention is to offer parking consumers a choice in parking price tiers to encourage turnover and maximize revenue streams for the parking asset owner. Additional benefits of the present invention to the parking asset owner include improved service to customers, obtaining LEED credits, reducing harmful carbon emissions, mitigating transportation demand, saving time through stream-lined parking operations, and eco-friendly solutions to parking problems not solved by traditional parking models. The present invention may further utilize unmanned systems technology to help parking consumers locate available parking spaces within the parking facility and to provide supervision at the parking facility.