An examination of the effects of ride-hailing services on airport parking demand
Zia Wadud ()
Journal of Air Transport Management, 2020, vol. 84, issue C
Abstract:
The emergence of ride-hailing services offered by the Transportation Network Companies (TNCs) globally are substantially affecting how we travel by car, and as such, use parking facilities. Airport parking, which is a substantial source of revenue for the airports, is no different and anecdotal evidence suggest a reduction in parking revenue in airports in recent years as a result of the popularity of ride-hailing services. This research investigates the effects of the entry of ride-hailing services on airport parking patronage using three large airports (John F Kennedy International, Newark Liberty International and LaGuardia) in the US as a case study. Intervention analysis technique was used on time-series monthly parking data at these airports, controlling for passenger numbers. Results indicate there was a statistically significant reduction in the numbers of cars parked at all three airports since the introduction of ride-hailing services, confirming the anecdotal evidence. Findings have implications not only for airport business and revenue models, but also for wider effects of ride-hailing and automation.
Keywords: Ride-hailing; On-demand mobility services; Airport; Parking; Land-use; Uber; Autonomous vehicles; TNC (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (12)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:84:y:2020:i:c:s0969699719302108
DOI: 10.1016/j.jairtraman.2020.101783
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