Originally published by L.A. Business First on 10/5/2022 Hartford, Connecticut, parking management company Propark Mobility has acquired Los Angeles-based Imperial Parking Industries, expanding its L.A. area portfolio by 75%. With the acquisition, Propark is adding more than 50 employees and bringing its total assets under management to more than $2 billion. Terms of the deal, which closed August 31, were not disclosed. Propark CIO David Schmid told L.A. Business First the acquisition was a win-win for both companies. “We believe… Continue reading →

For the second year in a row, Propark Mobility was named one of the top workplaces in Connecticut by the Hartford Courant, ranking in the top 10 of the Small Business category on the Top Workplaces 2022 list.   This is the Hartford Courant’s 12th year highlighting the state’s leading companies. With the help of Energage, a survey company, the Courant distributes questionnaires to employees at companies throughout the Greater Hartford area. Questions range from company culture to management practices,… Continue reading →

Los Angeles, Calif. – Propark Mobility announced today that the company has purchased Los Angeles-based Imperial Parking Industries, Inc. (IPI), expanding its area portfolio by 75 percent. “As a leader in the Los Angeles area, Imperial Parking offers a regional expertise that, when combined with Propark’s national network and back-end systems, will propel both companies forward,” said David Schmid, Propark’s Chief Investment Officer. “Building these meaningful, beneficial connections is a core component of Propark’s mission, and we felt it was… Continue reading →

Originally published by American City and County on 9/16/2022 The movement toward electric vehicles (EV) is accelerating, being fueled by evolving consumer preferences, generous incentives from the federal government, and bold commitments from automakers that collectively aim to curb our nation’s carbon emissions over the next decade and beyond. Electric vehicle sales in the United States have revved up by more than 40 percent each year, on average, since 2016, and according to an eye-opening report recently released by McKinsey… Continue reading →

Originally published by American City and County on 9/13/2022   Almost every aspect of daily life was thrown in reverse and reshaped during COVID-19, particularly where and when people work, and how they get to their jobs. The dramatic workplace upheavals had significant impacts to longstanding commuting and parking patterns that municipalities, city planners and the private sector had relied upon for years, and now as more workers are returning to the office, it is critical that parking remains flexible,… Continue reading →

Hartford, Conn. – Propark Mobility announced today that Brenda Freije has been promoted to Vice President of Business Analytics. “Brenda has been a remarkable team member and leader throughout her time at Propark,” said Stephen Duffy, Propark’s Chief Strategy Officer. “Her commitment to the success of our clients’ operations and her dedication to continuing Propark’s rapid growth make her the ideal person for this position. I look forward to seeing all that she accomplishes in this new role.” After joining… Continue reading →

Bethesda, Maryland (August 3, 2022) – Curator Hotel & Resort Collection (“Curator”) today formally announced preferred partnerships with six parking vendors, including Propark Mobility. These new partnerships provide member hotels with exceptional valet and parking services and vehicle safety, delivering an excellent customer service experience. Encompassing valet parking service and technology, self-parking management and controls, intercom call support, bellman and doorman service, room service delivery support, house car, and shuttle service, and comprehensive mobility solutions for hotel properties, these parking… Continue reading →

Originally published by Authority Magazine on 7/27/22   The pandemic has allowed people to reevaluate what they want from work. This “Great Reevaluation” has led to the “Great Resignation” which has left the US with a great big labor shortage and a supply chain crisis. What can we do to reverse this trend? What can be done to attract great talent to companies looking to hire? What must companies do to retain their great talent? If not just a paycheck, what… Continue reading →

This article was originally published by Crain's New York Business on 7/21/2022   Here's what's needed to get day-trippers from the tristate area to return to the city New York City's beleaguered tourism industry—one of the key drivers of the Big Apple's economy—is making a comeback faster than expected. According to estimates recently released by NYC & Company, which studies tourism, the city can expect 56 million out-of-towners this year—nearly a full recovery. More than 66 million people visited the… Continue reading →

Originally published by Parking & Mobility on 7/6/2022   From the rise of mobility, to the ever-growing electric vehicle (EV) movement, the parking industry has welcomed change and continuously used creativity to fuel new ideas and provide better services for customers and clients. The industry’s collective sense of innovation was never more important than during the COVID-19 pandemic. Delivering challenges in rapid succession, 2020 ushered in a new era of technological enhancements and revamped parking solutions across the country. Though… Continue reading →