Smarking Boosts Commercial Real Estate Revenue and Asset Value Via Dynamic Pricing Engine for Parking

SAN FRANCISCO--(BUSINESS WIRE)--

163% average digital parking revenue uplift in over 10 regions

Smarking, the commercial real estate industry's leading provider of business intelligence and yield management software solutions for parking assets, today announced the official release of the industry’s first algorithmic and fully-automatic dynamic pricing engine. The product, known as AYM (read as “aim”; Automated Yield Management), utilizes Smarking’s business intelligence solution to capture historic, current, and forecasted demand in order to dynamically set parking prices that will maximize revenue for the applied parking assets.