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Turnover

Turnover refers to the number of times a parking space is vacated by one vehicle and filled by another in a given period of time. Turnover can be encouraged by charging a fee for parking so that drivers only use the space for as long as they need it. This helps to optimize the use of parking spaces and, in a commercial context, may enable more drivers to visit local businesses because they can easily access spaces near their destination.

Transportation Demand Management (TMD)

TDM refers to policies and practices that increase the overall efficiency of a transportation network by encouraging diversity in both travel modes and times. By shifting away from a system in which the vast majority of trips are taken in single-occupancy motor vehicles during peak demand periods to one that employs a mix of transportation modes spread over a longer timeframe, the capacity requirements for streets and parking spaces may be reduced. TDM can also help to encourage sustainable travel choices and safer streets.Some examples of TDM tools include:• Unbundled Parking – Unbundled parking refers to the de-linking of parking…

Occupancy

A key metric in parking and curbside management is the occupancy rate. Occupancy refers to the proportion of spaces that are filled at a given point in time and is usually expressed as a percentage.

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