When does the price of parking become prohibitive?
A New Orleans newspaper recently reported that some football fans are skipping Saints games because parking near the Superdome is getting too pricey for their budgets. Some parking in the area goes for $55 on game days and season-pass-holders like Pete Morel say they’ve had to sell their tickets because parking makes the event too expensive.
“It’s better just to stay home and watch it when you can’t afford to pay the parking,” said Morel.
When you attend a concert or a one-time event and pay a high price for parking it doesn’t seem to cut so deeply. A recurring event like football games brings with it added costs that can’t be avoided and quite possibly, can’t be absorbed.
No doubt Mr. Morel could find a cheaper alternative, but venue-driven parking operators have to consider the cost threshold for their regular customers.
Read the article here.