I find this statement from their report interesting for anyone with ties to airport parking-

“Our initiative to target non-traditional parking market segments with significant growth potential continues to be successful as we recently were awarded a new contract and two contract extensions in our airport parking segment. We have entered into an agreement to operate a 1,500 space off-airport shuttle facility serving Philadelphia International Airport. This new facility, which opens July 1, 2006, will be operated under the terms of a ten-year lease. Our contract to manage parking and shuttle operations at Washington Dulles International Airport was extended through October 31, 2009. Under the extension, our partnership will continue to manage 25,000 parking spaces, a fleet of 48 shuttle buses and provide valet parking services at this large, growing international airport, which served more than 27 million passengers last year. Our contract to manage parking, shuttle and valet services at Bob Hope International Airport in Burbank, California, which serves more than 5 million passengers a year, also was renewed for a period of three years. These two contract extensions serve to enhance our reputation in this very important market segment.

It would appear the non-traditional parking market has the potential for significant growth in the future, so those in the airport parking business should take note of Central Parking Corporations success in this arena.

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