The shape of the rail parking market

Parking is a crucial element of the rail sector, both as a means of allowing access to stations and as an additional revenue stream, writes Richard Talbot

How people arrive at rail stations

How people arrive at rail stations

Network Rail’s £90m investment in parking on the West Coast Mainline included a new multi-storey at Birmingham International

Network Rail’s £90m investment in parking on the West Coast Mainline included a new multi-storey at Birmingham International

Richard Talbot is principal consultant at The Railway Consultancy

Richard Talbot is principal consultant at The Railway Consultancy

Southampton Airport Parkway is a brand new addition to the rail network’s parking infrastructure

Southampton Airport Parkway is a brand new addition to the rail network’s parking infrastructure

There are about 150,000 rail parking spaces across Britain. These generate annual revenues of about £130m. A significant sum, but small within the context of total rail “farebox” revenue of around £7bn. It is also worth noting that about 50% of rail parking spaces are currently free. Most UK rail stations do not depend on parking. In fact, only 2% have more than 500 spaces (see pie chart below).

As might be expected, most people walk to the station (41%). Only 12% of...

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