Prior to the COVID-19 crisis, global airport revenues were on the rise. Last year, airport revenues grew 6.2%, reaching $172.2 billion, while passenger traffic grew by 7.5%. Because of the COVID-19 crisis, however, both passenger traffic and airport revenues fell significantly over the past three months.
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Until airport operations are back to normal, airports need to find ways to maximize revenues, while operating more efficiently and safely. Part of the answer can be found in parking; specifically, smart parking technology…