As air travelers return to the skies in numbers close to pre-pandemic levels, those who park at Minneapolis-St. Paul International Airport will pay more beginning Jan. 1.
A $2 daily price hike for airport parking ramps was unanimously approved Monday by the Metropolitan Airports Commission (MAC), which operates MSP. The board attributed its decision to inflation and the rising cost of operating and maintaining its parking facilities.
The daily price increase affects parking at Terminals 1 and 2 and at the Quick Ride Ramp, which will reopen in 2023. The cost to use Terminal 1 valet parking will increase by $5 a day.
"Historically we raise rates every other year," said Jeff Nawrocki, MAC's assistant director of MSP operations/landside, at a commission meeting earlier this month. The most recent increase took effect on Jan. 1 this year.
Parking proceeds — which are expected to reach nearly $113 million next year — account for a quarter of MAC's total revenue and are used to run the airport and pay for capital projects. The new increase will generate an additional $8.3 million annually.
MAC officials said 16 airports across the United States responded to their recent query about parking rates. Thirteen said they plan to increase their parking rates between $1 and $3 an hour, including airports in Phoenix, Denver and Seattle.
The Atlanta and Salt Lake City airports — which like MSP are Delta Air Lines hubs — were not among those raising rates, although officials in Detroit are considering an increase, Nawrocki said.
MAC officials also looked at what privately operated parking facilities offsite were charging and discovered their prices were similar to the Quick Ride Ramp's rate.