SP Plus Corporation Selected to Provide Parking & Transportation Services at Reagan National & Dulles International Airports

Rhea-AI Summary

SP Plus Corporation (SP) has been selected by the Metropolitan Washington Airports Authority (MWAA) to manage parking and shuttle operations at Ronald Reagan Washington National Airport (DCA) and Washington Dulles International Airport (IAD), starting October 1. This new contract includes overseeing more than 32,000 parking spaces and 55 shuttle buses. Additionally, SP+ will manage valet parking services at IAD when they resume. The company aims to enhance the consumer experience and improve financial outcomes for clients in various sectors across North America.

Positive

• New contract with MWAA to manage parking and shuttle services at DCA and IAD.
• Control over more than 32,000 parking spaces and 55 shuttle buses.
• Potential revenue growth from resuming valet parking operations at IAD.

Negative

• None.

CHICAGO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, announced its selection by the Metropolitan Washington Airports Authority (MWAA) to assume parking and shuttle operations at Ronald Reagan Washington National Airport (DCA) and Washington Dulles International Airport (IAD).

SP+ is scheduled to take over parking and shuttle transportation services at DCA and IAD on October 1^st, which includes more than 32,000 parking spaces between the two airports and 55 shuttle buses to transport passengers and employees. SP+ is also charged with managing valet parking operations at IAD once those services resume after a temporary pause due to the COVID-19 pandemic.

“We are excited to work with MWAA to bring impeccable service to these two iconic airports that serve Metro-Washington travelers and visitors to our Nation’s Capital and surrounding areas,” stated Bob Reiser, Senior Vice President, East Airports for SP+.

SP+ facilitates the efficient movement of people, vehicles and personal belongings with the goal of enhancing the consumer experience while improving bottom line results for their clients. The Company provides professional parking management, ground transportation, remote baggage check-in and handling, facility maintenance, security, event logistics, and other technology-driven mobility solutions to aviation, commercial, hospitality, healthcare and government clients across North America. For more information, visit www.spplus.com.

CONTACT:	Jill Nagel, Senior Communications Manager
	jnagel@spplus.com | 312-274-2102

FAQ

What new contract did SP Plus Corporation secure?

SP Plus Corporation secured a contract with the Metropolitan Washington Airports Authority to manage parking and shuttle operations at Ronald Reagan Washington National Airport and Washington Dulles International Airport.

When will SP Plus take over operations at DCA and IAD?

SP Plus is scheduled to take over parking and shuttle operations at Ronald Reagan Washington National Airport and Washington Dulles International Airport on October 1.

How many parking spaces will SP Plus manage?

SP Plus will manage over 32,000 parking spaces at Ronald Reagan Washington National Airport and Washington Dulles International Airport.

What additional services will SP Plus provide at IAD?

SP Plus will also manage valet parking operations at Washington Dulles International Airport once those services resume after a temporary pause.