Abstract
This study attempts to optimize sizes and locations of the airport parking facilities considering demand-supply interaction and travelers’ socioeconomic characteristics. This study formulates both travelers’ parking and operators’ supply costs functions. This study further develops a mathematical programming model to determine optimum sizes and locations of the remote and terminal parking facilities. Results show the demand on terminal parking increases with an increase in travelers’ values of time. Results imply when the airport locates in a region with higher income residences, the remote parking facility should locate at a closer distance with higher parking fee while terminal parking supplies a considerable amount of stalls. As the land acquiring cost is less related to terminal access distance, a closer remote parking facility will not cause a higher operating cost. Remote parkers will benefit from both a relatively low parking fee and a short access time, thereby resulting in an increased demand.
