Airport Parking vs. Ridesharing: New Data Shows Which Is More Cost-Effective

CHICAGO—Parking reservation service SpotHero has released new data comparing the cost of ridesharing and airport parking at over 25 airports across the country to help travelers determine the most cost-effective way to get to and from the airport.

Heading into what is forecasted to be a record-setting summer for air travel*, the findings revealed the following key highlights:

• Los Angeles (LAX): 82% of the time it is more cost-effective to park at the airport than to use a ridesharing app
• Washington D.C.-Dulles (IAD): 80% of the time it is more cost-effective to park
• Miami (MIA): 75% of the time it is more cost-effective to park
• Fort Lauderdale-Hollywood (FLL): 72% of the time it is more cost-effective to park
• Orlando (MCO): 63% of the time it is more cost-effective to park
• San Francisco (SFO): 60% of the time it is more cost-effective to park
• Chicago-O'Hare (ORD): 60% of the time it is more cost-effective to park
• Atlanta (ATL): 60% of the time it is more cost-effective to park
• Chicago-Midway (MDW): 53% of the time it is more cost-effective to park
• Washington D.C.-Reagan (DCA): 52% of the time it is more cost-effective to park

Travelers can use SpotHero’s rideshare vs. parking airport calculator to determine the most cost-effective way to get to and from the airport for their next trip.

"With summer approaching, more travelers will be heading to the airport,” said Mark Lawrence, co-founder and CEO of SpotHero. “Our analysis proves it’s possible to get to and from the airport in the comfort of your own car, all while saving money.”

SpotHero analyzed comparison data between the cost of parking with SpotHero versus ridesharing at 25 airports around the country, taking into account several factors including distance to airport, length of trip, surge pricing, and type of rideshare (regular versus XL).

Additional tips and resources on airport parking are available at AirportParkingGuides.com. Travelers can compare rates and lot options at 25 airports and reserve parking via SpotHero’s airport parking page, iOS app or Android app.

*http://www.businesswire.com/news/home/20160517006639/en/Airlines-America-Projects-Summer-Air-Travel-Hit

About SpotHero

SpotHero is a parking reservation service that enables drivers to reserve parking spots with convenient garages, lots and valets. It currently offers easy and affordable parking at more than 2,500 locations in cities across the country, including New York, Chicago, San Francisco, Washington D.C., Philadelphia and Boston. Launched in 2011, SpotHero is led by founders Mark Lawrence and Larry Kiss, and has raised $27 million in VC funding. Learn more at SpotHero.com and find us in the Apple iTunes Store or Google Play.