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Beijing-parking-ITDP-China

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Parking price:Parking duration:Time periodParking price10%HourlyMonthly5 RMB/hour600 RMB/month6%44% =8hr22%44% of drivers park over 8 hours. Only 16% parks under two hours.Parking survey results:Parking demand during office hours is fairly stable, indicating many employees park here throughout the day. The <strong>parking</strong> lotis busiest at 2.45pm when 61 cars are parked, reaching an occupancy of 42%. Turnover is very low at 0.45 cars/<strong>parking</strong> spaceduring the survey hours between 7.00am and 10pm. Drivers currently <strong>parking</strong> on the bike lane right outside the Jinqiao<strong>parking</strong> lot, can easily find a vacant <strong>parking</strong> space here.Indicator value unitSupply 145 <strong>parking</strong> spacesAverage occupancy rate for all <strong>parking</strong> spaces 29.4 %Turnover rate for all <strong>parking</strong> spaces in 14 hours 0.43 timesMaximum demand 61 carsPeak <strong>parking</strong> time 2:35 PMParking occupancy:160140<strong>parking</strong> demand1201008060402007:007:257:508:158:409:059:309:5510:2010:4511:1011:3512:0012:2512:5013:1513:4014:0514:3014:5515:2015:4516:1016:3517:0017:2517:5018:1518:4019:0519:3019:5520:2020:4521:1021:3522:00occupancy<strong>parking</strong> supply<strong>Beijing</strong> Parking, <strong>ITDP</strong>-<strong>China</strong> 841 March 2015

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