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Premium Parking Partners with ASM Global for Parking Innovation

Premium Parking Partners with ASM Global for Parking Innovation

Premium Parking Partners with ASM Global for Parking Innovation

Premium Parking, a leader in innovative digital parking solutions, has announced its collaboration with ASM Global, the top venue management company in the world. This partnership aims to implement free-flow parking operations at ASM Global-managed venues throughout North America. The alliance emphasizes ASM Global’s dedication to enhancing the guest experience by utilizing advanced technology to refine parking processes.

Enhanced Guest Experiences and Technology Integration

James Huger, CEO of Premium Parking, expressed excitement about the partnership: "ASM Global is renowned for utilizing innovative technology to provide an extraordinary fan experience. We are honored that after a comprehensive evaluation, ASM Global has chosen us as their technology partner for free-flow parking operations. Our collaboration ensures that fans will enjoy an exquisite experience at their favorite venues, extending even to the parking facilities."

ASM Global: A Leader in Venue Management

Based in Los Angeles, ASM Global oversees a remarkable portfolio of over 400 prestigious venues worldwide, including arenas, stadiums, and convention centers. The decision to partner with Premium Parking was heavily influenced by the latter’s unique free-flow parking model. This system allows patrons to swiftly transition from their vehicles to their seats, significantly enhancing their overall event experience.

Driving Frictionless Experiences

Doug Thornton, Executive Vice President of ASM Global, emphasizes the company's focus on innovation across various venues, stating, "The collaboration with Premium Parking is vital for streamlining our operations from street to seat. This partnership will greatly benefit our attendees and staff alike." The ability to leverage Premium Parking’s technology allows ASM Global to uphold its commitment to an effortless and enjoyable guest experience.

Operational Benefits and Increased Revenue

Using Premium Parking’s state-of-the-art free-flow operations has not only improved the vehicle flow into parking lots, but it also has reduced the need for extensive staffing. William Breuer, General Manager of Boeing Center at Tech Port, noted, "This operational advancement leads to heightened revenues while ensuring attendees enter the venue faster, thereby significantly improving their experience." This evolution in parking management is a progressive step toward enriching the customer journey from arrival to departure.

Transformative Impact on Major Venues

The partnership marks a substantial leap towards modernizing parking management in bustling venues. By integrating digital-first, gateless technology, Premium Parking and ASM Global are set to facilitate a smoother parking experience. This will inevitably enhance customer satisfaction and yield operational advantages. The partnership embodies the shared vision of both companies to provide excellent experiences from the moment guests arrive, aligning with their mutual goals of innovation and value creation.

About Premium Parking

Premium Parking has revolutionized the way properties create value, enhancing how parking is designed and managed without traditional gates. Their focus extends to managing permits for offices and campuses and creating an accessible environment for residents and visitors. The integration of modern cloud infrastructure, AI camera technologies, and mobile payments has transformed available services, making cities more discoverable. Operating in over 40 cities across the United States, the company dwells on disrupting the conventional parking methods with their mobile-first technological solutions.

About ASM Global

As a hallmark of venue management, ASM Global stands as the leading full-service venue company in the world, dedicating itself to client-first strategies that drive financial prosperity. Their elite network, encompassing over 400 top-tier venues worldwide, including arenas and performing arts centers, highlights their commitment to excellence. ASM Global leverages its unique expertise to create innovative project solutions that optimize financial outcomes for clients and enhance the community's economic landscape.

Frequently Asked Questions

What is the main goal of the partnership between Premium Parking and ASM Global?

The partnership aims to implement free-flow parking operations at ASM-managed venues to enhance guest experiences through advanced technology.

How will this partnership improve guest experiences?

By streamlining parking operations, guests can transition from their vehicles to their seats more quickly, resulting in a more enjoyable event experience.

What role does technology play in this collaboration?

Premium Parking’s innovative digital-first, gateless technology is key to creating smoother and more efficient parking processes.

Why did ASM Global choose Premium Parking as its partner?

Premium Parking’s unique parking model and technological capabilities met ASM Global’s standards for enhancing visitor experiences.

Where does Premium Parking operate?

Premium Parking operates in over 40 cities across the United States, focusing on transforming parking with modern technologies.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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