At Elite Parking, we like to stay informed about industry trends including technology. The challenges the parking industry faces may differ significantly around the globe, but technology is bridging the gaps. The Global Parking Association Leaders (GPALs) Summit, a group comprised of parking associations from around the world, recently took a survey that involved parking professionals from 21 countries. The results revealed some basic similarities along with a few country-specific differences.

Cities to see an explosion of Smart parking systems over next decade

On-street smart parking spaces are expected to more than triple within major cities around the world in the coming decade, according to analysts at Navigant Research.

According to researchers, that growth will spurn a need for a greater infrastructure, which will include more sensor networks, computer connected camera systems and an overall growth in the use of Internet of Things and cloud-based systems.

Furthermore, the Smart parking market will increasingly be driven by software systems on a world-wide level. Other factors such as the movement of the world’s population to urban settings and the need for city dwellers to be able to afford the upkeep of motor vehicles, especially in developed countries will speed up the need for greater connectivity.

An increase in vehicles and the population growth will also be felt by new and existing parking facilities, which will start to shift towards the integration of highly-intelligent, managed systems.

“We are definitely seeing a greater demand for AI, machine learning and predictive analytics in the parking management sector as well. There are specialized companies emerging that are leading the way to provide this type of software,” Managing Member Ruben Perez-Sanchez said.

According to Navigant’s study, on-street, individually monitored smart parking spaces will grow nearly 14% a year from 240,000 to 780,000 spaces between 2019 and 2028. Meanwhile, global annual revenue for all smart parking providers will grow from $81 million in 2019 to $535 million in 2028, an annual growth rate of 23%.

The markets to experience the highest growth include: Asia, Europe and eventually North America.

Elite now proudly provides parking services for the Richmond Hotel

Elite Parking is excited to announce that it’s now providing valet parking management services to the Richmond Hotel located in Miami Beach. The hotel is an iconic part of South Beach’s Collins Avenue strip, which caters to a diverse clientele and stays busy throughout the year.

According to Managing Member, Ruben Perez-Sanchez, the parking company is looking forward to having the opportunity to meet and exceed the needs of guests visiting the beachfront resort hotel. 

“We are excited to be able to provide 5 star service to each and every guest who comes to visit the hotel,” Sanchez said.

The trendy hotel also offers guests an amazing culinary experience whether it’s next to its poolside bar and grill or nearby at the assortment of fine dining restaurants that line both Collins Avenue and Lincoln Road.

At the hotel’s Pilikia by the pool, guests can get a full American breakfast, a choice of hot of the grill favorites and an extensive drink menu. Plus enjoy a frozen tropical cocktail, mojito, or glass of wine by the pool, courtesy of one of the best bars in South Beach. 

The Richmond Hotel is centrally located in the Art Deco District of SoBe and close to shops and plenty of entertainment.

July’s Employee of the Month

Elite Parking wants to congratulate Carlos Gonzalez for receiving July’s employee of the month. He started his career with Elite just over a year ago and is currently a valet parking attendant at Surfcomber Hotel in Miami Beach. He oversees the valet needs of the hotel and maintains a dedication to always going above and beyond for each guest, which makes him the perfect nomination for this month’s highlighted employee.

As a valet attendant, he handles all areas including: overseeing the daily valet functions at the property; managing traffic and parking control within the property; assisting guests in their parking needs; making sure each guest receives excellent service; handling tickets and maintaining vehicle log sheet for the parking facility. Gonzalez works daily to provide guests with “white glove service” and uphold the properties exceptional standards. 

Gonzalez is a native of Cuba, but now resides in Miami. When not at work, he enjoys spending time with family.