Systems and methods for dynamically controlling parking rates at a parking facility

A method of managing a parking facility, comprising:

• selecting a pricing model from a set of models based, at least in part, on historical data that indicates past parking rates and past usage levels of the parking facility;
• determining, periodically, a dynamic parking rate according to the pricing model;
• in response to receiving a parking request for a vehicle, determining a current parking rate for the vehicle according to at least the dynamic parking rate and attributes of the parking request that indicate at least a parking duration that the vehicle is estimated to be parked at the parking facility;
• and
• transmitting a parking notification to the vehicle, the parking notification indicating a parking space and the current parking rate.

A non-transitory computer-readable medium for managing a parking facility and including instructions that when executed by one or more processors cause the one or more processors to:

• select a pricing model from a set of models based, at least in part, on historical data that indicates past parking rates and past usage levels of the parking facility;
• determine, periodically, a dynamic parking rate according to the pricing model;
• in response to receiving a parking request for a vehicle, determine a current parking rate for the vehicle according to at least the dynamic parking rate and attributes of the parking request that indicate at least a parking duration that the vehicle is estimated to be parked at the parking facility;
• and
• transmit a parking notification to the vehicle, the parking notification indicating a parking space and the current parking rate.