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QUINTA Consulting and the KODIS research center of Fraunhofer IAO in Heilbronn are combining their expertise in a joint research cooperation to develop an AI-driven dynamic price management system for parking facilities. The goal is to determine optimal price points through intelligent algorithms that take into account both customer willingness-to-pay and occupancy rates at high-traffic locations. Continue reading “QUINTA Consulting and Fraunhofer IAO launch first research cooperation in Germany for AI-driven price management for parking facilities” →

A new study from the Asian Institute of Management and QUINTA Consulting examines the most important factors influencing parking fees at airports. Data from 2011 to 2019 for the ten largest European airports was analyzed.

The analysis shows that the number of passengers and parking spaces as well as parking fees have a significantly positive impact on the amount of parking revenue at an airport. The study also analyzes how the population in an airport’s catchment, alternative parking options and the availability of public transport influence the number of parking spaces.

Continue reading “What affects parking fees at airports? Study by Asian Institute of Management and QUINTA Consulting” →