Monday, January 9, 2012

DIA raises parking fees at outlying lots - Denver Business Journal:

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Rates will rise from $9 to $10 per day in its economty parking lotand $5 to $6 per day in its Pike s Peak and Mount Elbert shuttle lots beginning on July 1. The $18-per-dat rate in its terminal parkinvg garages willremain unchanged. The increases are part of a largefr effort to generatemore non-airline revenue at a time when the recessiomn has caused less people to fly and has, led airline revenue to fall. Among the otherd things DIA officials are doing are increasinbg the numberof revenue-generating shops and restaurants in its concourses and planning to breakm ground next year on a 500-room hotel The parking-rate increases are expected to raise revenues by $1.
4 millionb annually, said Patrick Heck, deputy manager of aviation for revenue and busines development. “Due to the financial condition of the airline industry, airports throughout the country are looking for ways to increasr non-airline revenue and reduce costas for their tenant Heck said in a news release. DIA last raisedc its economy lot rate in 2005 and its shuttled lot feesin 1999.

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