Industry News

Visitors to downtown San Luis Obispo, CA have a new place to park. The Cultural Arts District Parking Structure celebrated its grand opening in March by offering free parking for the first 28 days. With 396 new parking stalls and sweeping views of the surrounding Bishop and Cerro San Luis peaks, the new parking facility creates a gateway to the museum corridor of downtown as well as direct connection to the future home of the Repertory Theater. Visitors to the parking structure will discover decorative archways, mission tiling, enhanced light fixtures, a copper dome, terra cotta roofing and decorative screening that honors the Mission-style architecture of the Cultural Arts District. A gable designed into the Palm Street façade provides a canvas for a public art installation that will be selected through a city procurement process.

Vancouver, Canada – Lightyear Capital, a New York-based private equity firm with over US$8 billion in assets under management, has completed its acquisition of PayByPhone, a leading provider of digital parking payments and mission-critical parking management software to more than 1,300 clients globally, from Corpay (NYSE: CPAY).

The International Parking & Mobility Institute (IPMI) has joined the global Hidden Disabilities Sunflower network, marking a continued commitment to accessibility and inclusion across the parking and mobility sector.

San Diego, CA — EnSight Technologies has announced the completion of a vision-based parking occupancy management and guidance system at Hocking Hills State Park in Logan, Ohio. The system is now live, providing real-time parking availability to visitors at one of Ohio’s most-visited natural destinations.

New York, NY - ABM (NYSE: ABM), a leading provider of facility, engineering, and infrastructure solutions, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2026. This rare distinction for a facilities services company underscores ABM’s industry-leading shift toward data-driven, technology-enabled operations.

Arrive, a leading global mobility platform, announced a strategic focus toward an AI-first future, anchored by the appointment of Eugene Tsyrklevich as Chief AI Officer (CAIO). In his new role, he will lead Arrive’s mandate with AI as the catalyst between travelers and city infrastructure, making urban mobility more fluid and predictable. Tsyrklevich previously served as the General Manager for Arrive’s Automotive & Data business unit.

Plymouth Meeting, PA -Towne Park announced the evolution of its brand to Towne, reflecting the company’s transformation to an arrival through departure experience company that delivers exceptional parking and hospitality-focused solutions. In addition, the company introduced Nexity by Towne (Nexity), its fully integrated parking and mobility technology platform. By bringing together its best-in-class hospitality solutions and next-generation technology platform, Towne will deliver higher revenue performance, reduced operating costs, and exceptional service experiences that optimize asset value for clients across hospitality, healthcare, commercial, mixed-use, multifamily, retail, sports and entertainment, transportation, corporate, and municipal environments.

Upper Darby, PA - All enforcement personnel, office staff, and supervisors have successfully earned the Parking Enforcement Compliance Professional (PECP) credential through the International Parking & Mobility Institute.

Somerville, MA — At the annual New England Parking & Transportation Council Municipal Forum, Ken Wollins of Municipal Parking Services (MPS) shared how communities are using state-of-the-art technology to address illegal parking and transit rider safety.

The European Parking Association (EPA) hosted its EPA Parking Day at Intertraffic Amsterdam on March 10–11, 2026, bringing together industry leaders, city representatives and mobility experts to discuss key developments shaping the future of urban mobility and parking. The program included three themed sessions at the Intertraffic Summit, two European Women in Parking (E-WiP) events, a members’ networking lunch and an EPA Board meeting with representatives from close to 20 national parking associations (EPA Full Members).

Chicago, IL & Leesburg, VA – Ocra, the first AI-powered Revenue Management System (RMS) and Global Distribution System (GDS) for hotel parking assets, and TrackMyShuttle, a leading real-time fleet visibility and operations platform for hotels, airports, and parking operators, announced a strategic partnership to transform the airport hotel parking experience. By combining Ocra’s purpose-built parking revenue management platform with TrackMyShuttle’s transparency-focused transit technology, the two companies provide a "white-glove" solution to the multi-billion dollar airport parking and ground transportation sector.

Denver, CO — Parking Revenue Recovery Services (PRRS), a leading provider of parking compliance and facility monitoring services, announced the introduction of ARCNext, the latest module in the next-generation parking automation platform that leverages AI-driven vision technology and mobile automation to help parking owners and operators detect unauthorized facility usage and parking activity, track authorized usage, and access actionable data insights directly from their mobile devices. Developed in partnership with PRRS’ technology partner Paralign, the platform enables owners and operators to monitor facility activity across multiple properties and respond quickly to compliance issues with greater efficiency and transparency.