Airport Commission approves hike in daily parking rate at PSP pending City Council approval
The commission ultimately settled on the flat $26 rate, with the understanding that more sophisticated pricing models could be implemented once new parking technology is in place.
The Palm Springs Airport Commission voted last week to recommend increasing daily parking rates from $20 to $26, a move expected to generate an additional $1 million in annual revenue for the airport.
The rate hike, which still requires city council approval, aims to keep pace with inflation and fund future improvements at Palm Springs International Airport (PSP). If approved, the new rate would take effect Oct. 1.
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“We haven’t changed the daily rate to go with inflation since 2018,” said Victoria Carpenter, the airport’s administration director, after presenting findings from a parking analysis during the commission’s July 10 meeting. She noted that parking is the airport’s second-largest source of revenue after rental cars.
While the analysis recommended a $24 rate, some commissioners pushed for a higher rates as well as a more dynamic pricing model.
“We can’t build parking spots overnight,” said Commissioner David Feltman as he voiced support for seasonal pricing to better manage demand during peak periods. “It’s going to take us a decade to build more parking spots.”
The commission ultimately settled on the $26 rate, with the understanding that more sophisticated pricing models could be implemented once new parking technology is in place. Carpenter mentioned plans that would help put that technology in place, including the introduction of electric vehicle chargers and a new parking control system that would allow for online reservations and mobile payments.
The commission’s recommendation will now go to the Palm Springs City Council for consideration.
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