The Parking Spot Revenue and Competitors

Chicago, IL USA

Location

#2001

Growjo Ranking

Leisure

Industry

Estimated Revenue & Valuation

  • The Parking Spot's estimated annual revenue is currently $270.6M per year.(i)
  • The Parking Spot's estimated revenue per employee is $354,200

Employee Data

  • The Parking Spot has 764 Employees.(i)
  • The Parking Spot grew their employee count by 13% last year.

The Parking Spot's People

NameTitleEmail/Phone
1
Sr. VP National Sales and PartnershipsReveal Email/Phone
2
Regional VPReveal Email/Phone
3
Controller, VPReveal Email/Phone
4
VP Revenue ManagementReveal Email/Phone
5
SVP Field OperationsReveal Email/Phone
6
VP, Real Estate DevelopmentReveal Email/Phone
7
VP - DevelopmentReveal Email/Phone
8
VP - West Coast OperationsReveal Email/Phone
9
Director Software EngineeringReveal Email/Phone
10
Chief Operations OfficerReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$113.2M4050%$5.7MN/A
Add Company

What Is The Parking Spot?

The Parking Spot is the leading near-airport parking company in the United States. The first Parking Spot location was acquired in December of 1998 at Houston's George Bush Intercontinental airport. Since then, The Parking Spot has grown to 19 locations at 12 airports serving 10 metropolitan areas. Please click here for a list of all Parking Spot locations. The company was started by Martin H. Nesbitt. As air travel continued to grow in the 1990s, Marty saw an unmet need for more and better airport parking. On-airport parking was scarce, with high rates charged for limited space and service. Remote parking was less expensive, but also inconvenient. Remote airport parkers faced long walks to bus stops, long waits and many stops on the way to the airport terminal. Marty recognized an opportunity to give airport parkers better service at a fair price, creating value for guests and the company. Marty brought the business idea to real estate financier Penny Pritzker. They agreed that a focus on hospitality would differentiate The Parking Spot from other airport parking options. As Chairman of Classic Residence by Hyatt and a board member of Global Hyatt, Penny knows hospitality. The Parking Spot is based in Chicago, a block away from The Hyatt Center. The management team at The Parking Spot has a diverse background in real estate, consumer products, parking and other industries. Biographies of key executives can be reviewed here.

keywords:N/A

N/A

Total Funding

764

Number of Employees

$270.6M

Revenue (est)

13%

Employee Growth %

N/A

Valuation

N/A

Accelerator

The Parking Spot News

2022-04-20 - IFBB Pro Bodybuilder Shane Post Shot During Argument Over A Parking Space Generation Iron

IFBB Pro Bodybuilder Shane Post Shot During Argument Over A Parking Space Generation Iron

2022-04-17 - Pikes Peak will require visitors to reserve a parking space starting ... Colorado Public Radio

Pikes Peak will require visitors to reserve a parking space starting ... Colorado Public Radio

2022-04-17 - An Interview With Mary Norris on Alternate-Side Parking Curbed

An Interview With Mary Norris on Alternate-Side Parking Curbed

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$269.5M7677%N/A
#2
$243.8M767N/AN/A
#3
N/A76848%N/A
#4
$320.8M7691%N/A
#5
$156.3M770N/AN/A