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Edited by: Zarah’s recommended readings on Spacer Zarah has also shared her expertise in other platforms by: Learn more about Spacer’s content policiesAt Spacer Technologies, we hold ourselves to high standards when it comes to the content we produce and share. Our commitment is to provide accurate, reliable, and valuable information to our audience across all our platforms, including our website, blog, social media channels, and other communication channels.Transparency is a core value at Spacer Technologies. We believe in being upfront and honest with our audience, which is why we disclose any sponsored content or partnerships clearly. Our goal is to maintain trust and integrity with our users by being transparent about the nature of our content.Our content is carefully crafted to be relevant and valuable to our audience. We strive to deliver information that educates, inspires, or entertains our users, ensuring that it meets their interests and needs.Respect and inclusivity are fundamental to the content we produce. We do not tolerate content that promotes discrimination, hate speech, or offensive material based on race, ethnicity, gender, religion, sexual orientation, or any other characteristic.Have any questions, or concerns, or have found an inaccuracy with our content? We welcome feedback from our users as it helps us to continuously improve our content and services. Your feedback is valuable in ensuring we maintain high content quality standards and constantly improve our content.If you have any questions or concerns regarding our content policy, please don't hesitate to contact us at zarah@spacer.com
Reading time : 3 mins
Hotels are going through an extremely tough time during the COVID-19 Pandemic.
Here are some staggering facts:
STR and Tourism Economics are projecting revenue losses of 57.5% for the year. Last week, revenues were 27% of what they were last year per STR.
Bureau of Labor Stats reported that 7.7 million hospitality and leisure jobs were lost since the pandemic has hit the US.
Individual hotels and major operators are projecting occupancies below 20%. At an occupancy rate of 35% or lower, hotels may simply close their doors, putting 33,000 small businesses at risk.
We realize this is devastating to many, and we want to help.
WhereiPark specializes in helping real estate owners monetize their under-utilized parking assets by connecting companies in need of employee parking (i.e., Companies, fleets, rental car companies, etc.) with hotels and other real estate owners with excess parking. We manage the entire program/administrative functions and issue payment each month.
You may be considering partnering with us but have a few questions. Here are some frequently asked questions about WhereiPark (WiP):
What exactly would you do for us?
Where are these monthly parkers coming from?
How does liability work? Is it safe to bring an outsider to my hotel/apartment?
How much is your ‘service’?
There are NO fees or risk to list your property on WiP. We operate on a performance model and earn a share of the new parking revenue created by our program. WiP doesn’t earn anything unless your spaces are rented.
How flexible is your program? My hotel has many spaces available right now because of COVID-19 and will need these spaces back for guests and events when things go back to normal; will I be able to reclaim all the parking spaces?
WhereiPark’s flexible program can be deployed in days. There are no set up costs, no long-term commitment needed, and you can terminate any and all parking contracts with 30-60 day notice as needed.
Is my hotel suitable?
Yes, if you have more than five vacant parking spaces that could be rented on a monthly basis.
How can I get started?
We’d be happy to provide a free consultation. Please email us at partners@whereipark.com or call at (415) 480-7275
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