11 May 20

PARK NOW launches Parking Barometer to track mobility recovery

PARK NOW Group are launching the Parking Barometer. The barometer is a report based on parking data from 7 European countries: United Kingdom, Netherlands, Belgium, France, Germany, Austria and Switzerland.

Parking data from those countries serve as an indicator for mobility recovery and business rebound after COVID-19.

The trends in PARK NOW Group’s data have been analysed from week 11 onwards. Besides analysing the national percentages of parking transactions, the barometer also shows three highlights: the overall growth in transactions in Europe, the country with the fastest increase and the country that shows the least growth.

Where social distancing is the norm, digital and touchless payment data are strong enablers for the change in mobility. Parking transactions show that people across Europe are starting to move and pay for parking again.

Over the last ten years, ‘Touch-free’ payment apps have become more and more commonplace, especially in the United Kingdom and The Netherlands. In other markets like France, Germany, Switzerland, Austria and Belgium the use of parking apps are still in their early stages but growing rapidly.

Picture copyright: PARK NOW, 2020. 

Authored by: Steven Schoefs