Detroit Lowers Parking Rates

I never really thought that while I was writing for my site that I would be penning a post about how an airport authority is actually cutting its parking rates! One might initially think that an airport might have a lot of pricing power here. They do, but it vary by airport.

It all comes down to the switching costs involved for a passenger to from one form of transport to another. An airport could have very good mass transit links. In some cases a taxi or car service might actually come out cheaper than parking at the airport. And of course there's always off-airport parking.

The airport raided parking rates last year, and found that because of the increase, passengers just went to off-airport parking options that provided good airport access and were also cheaper. They just voted with their wallets, and hence the airport needed to lower prices to remain competitive.

The airport said that travelers have become more budget conscious. If you're one of those travelers, consider using our website to poke around many airports across the country. For example, even though About Airport Parking does not sell any parking spaces in Detroit, there are listings with prices and locations for some of the parking options available - and that's completely free to use!