Harwood International Selects Vend to Create a Superior Parking Experience for Dallas Visitors

For commercial parking lot owners, the pressure to maximize revenue is a constant. As real estate values increase and customer expectations evolve, innovative strategies to monetize every square foot of parking facilities are more critical than ever. Beyond simply collecting parking fees, there are untapped opportunities to generate additional income streams that align with modern consumer behavior and emerging technologies. Here’s an expert guide to diversifying your parking revenue.

In the world of parking, technology is transforming how facilities operate and generate revenue. For owners considering a digital upgrade, there’s a critical decision to make: invest in a fully integrated parking technology and management solution or opt for an overlay tool that simply sits on top of your existing equipment. While an overlay might seem like an appealing, cost-effective shortcut, it often creates more problems than it solves.

New Integration Enhances Visitor Experience and Streamlines Parking for Real Estate Owners and Tenants

Delivering the best parking experience isn't about offering a one-size-fits-all solution. At Vend, we recognize that each property, tenant, and guest has unique needs that require innovative, flexible, and agile approaches. Recently, we had the opportunity to demonstrate these qualities when a new client faced a unique challenge with their high-profile visitors.‍

QR codes have become a ubiquitous tool for quick and convenient transactions. From restaurants to retail stores, these scannable codes offer a seamless bridge between the physical and digital realms. However, as their popularity grows, so does the risk of criminal exploitation. The parking industry, in particular, has seen a surge in QR code usage for payment systems, making it a prime target for scammers. In this article, we'll explore the rising threat of QR code scams in parking, the impact on consumers and businesses, and effective solutions to mitigate these risks.

Consumer expectations are quickly shifting across most industries, and parking is no exception. Customers demand more from the brands they interact with, including higher-quality service, greater convenience, and personalized experiences. These evolving preferences are reshaping how parking owners need to approach their operations and should be used to inform technology buying decisions.

As urbanization accelerates and the demand for parking spaces grows, owners and operators face pressure to maximize their revenue while balancing occupancy rates. The problem? Traditional fixed-rate pricing models often leave significant revenue on the table. 

Subscription services have become ingrained in our daily lives. From streaming services like Netflix and Spotify to meal delivery kits like Blue Apron and fitness platforms like Peloton, people are increasingly drawn to services that offer convenience, flexibility, and predictability. This shift toward subscription culture is transforming businesses, including parking management.

New Public Parking in Harwood District Brings Convenience and Ease to Uptown Dallas

Our expert team compiled a cheat sheet to guide you through the RFP process for parking management technology. Here are the top 9 questions to ask to ensure the best solution for long-term success.

Increased business costs, combined with current political and economic uncertainty, have led many in the industry to look for new and creative ways to boost their revenue. This blog explores how to increase the NOI of your commercial parking facility.

As parking management evolves to be an integral element in commercial real estate (CRE) operations and revenue generation, leveraging data analytics is no longer a nice-to-have option. It's become a must-have tool to boost operational efficiency, maximize revenue, and create better customer experiences. However, data in a vacuum or data that is too challenging to extract won't improve business outcomes.

The parking industry is undergoing a rapid transformation to adjust to the changes in consumer behavior. The dramatic rise in popularity of electric vehicles (EVs), which heavily rely on public charging stations, contributes to this shift. This article dives into the role electric vehicles play in the future of parking and how attracting EV drivers benefits facility owners.

By implementing the latest in parking management technology, facility owners and operators can tap into powerful, real-time data with just a few clicks through their dashboards. They can run both out-of-the-box and custom reports, or modify current reports to inform critical decisions on everything from pricing to staffing to maintenance to marketing. The time they save can be better spent on improving operational efficiencies.

The growing popularity of hybrid and remote work schedules, combined with the highest interest rates in decades, has left the commercial real estate (CRE) market struggling for yet another year. However, there are a few bright spots that will hopefully help shift occupancy upwards once again—and help improve the tenant experience in the process.

The integration of advanced parking technologies into new builds and renovations is reshaping how developers approach urban infrastructure projects. This shift is not just about adding value; it's about creating smarter, more efficient spaces that resonate with contemporary lifestyle demands. When a property is being built for the first time or undergoing renovations, it is the perfect opportunity to incorporate the latest technologies, as you are starting from scratch and already investing. By leveraging the latest technologies, you are future-proofing your investment and creating a state-of-the-art facility that will delight tenants and guests.

Parking enforcement is an essential facet of urban infrastructure, ensuring the orderly use of parking spaces. The approach to enforcement varies widely and is shaped by local laws, technological advancements, and specific operational needs.

Flexible space – or “flex space,” as it’s more commonly known – has become an increasingly attractive option for commercial real estate (CRE) developers, as the American workplace continues to rapidly evolve. With traditional office parks morphing into multi-use spaces, more flexible parking management solutions are starting to emerge as a way to support these changes.

As in other business areas, digital transformation in parking management can create new opportunities to drive growth, increase net operating income (NOI), automate manual processes, and bring new levels of flexibility to the consumer and the operator. To achieve these goals, the savviest organizations must adapt quickly and leverage technology as a competitive advantage.

Syed Hossain has been making waves at Vend as the Head of Strategy & Operations. In our latest On the Spot feature, Syed shares his motivations, experiences, and some personal tidbits.

As data-centric solutions mature, smart parking technology is starting to take hold, leveraging the latest PropTech (or property technology) innovations to improve the parking lot experience for owners, operators, tenants, and customers. The key to this transformation is real-time access data. Unlocking this data puts control in the hands of decision-makers, opening up endless possibilities for modernizing this once-stagnant industry. And that modernization comes with real and measurable business benefits. 

Located just north of Boston, MA, Cerel Munoz has brought his diverse background to the forefront at Vend. Starting officially early this year, Cerel has quickly become an integral part of the Vend team, thanks to a history of collaboration with key team members. Let's delve into his journey, his work, and what makes him tick.

Vend Park, an AI-powered parking management and payments solution transforming how real estate owners, tenants, and visitors interact with parking, proudly announced it has built a network of local service providers to support its growing list of client facilities across the United States.

From his home base in Sutton, MA, Wade Leveille has been navigating the innovative lanes of Vend for the past two months and quickly found his footing as a Senior Software Engineer. Today, we're sitting down with him to learn more about his journey and insights.