 | |
| Company type | Subsidiary |
|---|---|
| Industry | Airport Parking |
| Founded | 1998 |
| Headquarters | Chicago, Illinois |
| Area served | United States |
| Key people | Jeff Foland, CEO |
| Owner | Green Courte Partners LLC. |
| Website | theparkingspot |
The Parking Spot is an off-airport parking company based in Chicago, Illinois. Founded in 1998 by Martin Nesbitt, the company grew quickly to become a distinctive brand with hundreds of millions of passengers annually. The company's first backer was Penny Pritzker, a member of the prominent Pritzker family that founded and largely owns Hyatt.
The Parking Spot has 38 locations across 22 U.S. airports, as of 2023.
In 2011, The Parking Spot was sold to real estate investment group Green Courte Partners LLC for $360 million. Its loyalty rewards program, The Spot Club, crossed the million-member mark in 2016. In August 2019, the company announced a partnership with SpotHero, a digital parking marketplace, to allow for booking through their interface.
Airport locations
- Atlanta - 2 locations
- Austin - 2 locations
- Baltimore - 2 locations
- Buffalo
- Charlotte
- Columbus
- Dallas (DFW) - 3 locations
- Dallas (Love Field) - 2 locations
- Denver
- Hartford
- Houston (Hobby) - 2 locations
- Houston (IAH) - 3 locations
- Kansas City
- Los Angeles - 2 locations
- Nashville
- Newark
- Orlando
- Philadelphia - 2 locations
- Phoenix - 3 locations
- Pittsburgh
- Salt Lake City
- St. Louis - 4 locations
References
- "About Airport Parking | the Parking Spot".
- "PE-backed the Parking Spot hires Foland as president and CEO". 13 November 2018.
- Sharkey, Joe (2007-11-06). "The Lowly Parking Garage With the Colorful Identity". The New York Times. ISSN 0362-4331. Retrieved 2023-03-21.
- Bianchi, Alessandra (2007-05-10). "Airport parking at its finest". CNNMoney.
- "Off-Site Airport Parking Local Directory | The Parking Spot". www.theparkingspot.com. Retrieved 2023-03-21.
- Sachdev, Ameet; Harris, Melissa (2011-12-09). "Pritzker Realty sells parking lot chain to private equity firm". Chicago Tribune. Retrieved 2016-12-04.
- "The Parking Spot Introduces Tiered Benefits Program. - Free Online Library". www.thefreelibrary.com. Retrieved 2023-03-21.
- "SpotHero and The Parking Spot Announce Preferred Partnership to Power Digital Parking Reservations Near Airports Nationwide". www.businesswire.com. 2019-08-29. Retrieved 2019-09-27.
- McCartney, Scott (7 August 2019). "Finally, Tracking for the Hotel Shuttle Van". Wall Street Journal.
External links
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