Cobalt Telephone Technologies Ltd

Parkmobile targets 17m “informal” parking spots with spacehopper

13 July 2016 by cobalt in News, Press Release

Today (13 July) the team behind the UK’s leading cashless parking service, RingGo, is launching a new peer-to-peer parking offering called spacehopper. This new service from the Parkmobile Group is complementary to RingGo and operates as a pre-booking, rather than ad hoc, parking service. spacehopper is part of the burgeoning “sharing economy”, creating a marketplace for the estimated 17m informal spaces outside traditional paid-for parking from private operators, councils, railways and the like.

spacehopper is run as an independent business within Parkmobile. It’s an online community bringing together drivers and the huge untapped resource of potential parking in the UK. This means anyone with a space or spaces they do not use 24/7: homeowners, small businesses, clubs and church halls to name just a few. By focusing on reserved spots – and by increasing the supply of parking – spacehopper offers peace of mind to its drivers while reducing congestion and better utilising Britain’s limited space.

Director of spacehopper, Alex Walker, explains: “We’ve seen how effective the sharing economy can be, and so it’s the perfect time for us to draw on our huge experience of the parking industry and create a marketplace that promotes the efficient use of a scarce resource – land. Suddenly the UK has millions more parking spots available and no tarmac needs to be poured! Our space owners get a return on an under-used asset, while motorists drive straight to their booking and enjoy keen pricing.

“What makes spacehopper different, though, is our connections and experience. It’s not a tiny start-up: we’re launching with over 5,000 places and using all of our contacts and experience to build inventory rapidly. We intend to be nothing less than the Airbnb of parking. Just watch this space!” Walker concludes.

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