Dynamic Car Park Pricing Implemented for Swedavia

GrayMatter’s Car Park Revenue Management (CPRM) has been successfully implemented at Swedavia. The system serves Stockholm and Goteborg Airports with around 15,000 slots across 17 parks and 7,000 slots across 7 parks respectively.

GrayMatter’s CPRM is a machine-learning based solution that forecasts car park occupancy and optimizes car park slot prices with the objective of maximizing car park revenues.

Mr. Dejan Inic, Senior Project Manager, Swedavia, said, “It was a good experience working with the GrayMatter team through the engagement. With this system in place, we look forward to much improved pricing decisions”

Ms. Vita Andrews, Head of Parking, Parking & Entry, Swedavia AB, stated, “We are happy to have implemented this dynamic pricing system; this would accrue significant revenue gains to Swedavia”

Mr. Vikas Gupta, CEO, GrayMatter, said ” CPRM is a solution built on latest technologies that delivers stellar value to car park operators. I am glad to see this going live at Swedavia Airports”