Airport Parking Facility Under New Ownership

FastPark acquires Central Parking System facility near CVG airport

06/01/2007

CINCINNATI – FastPark, a Cincinnati-based, off-site airport parking and transportation company, announced today that it has acquired the Allright/Central Parking System facility near Cincinnati/Northern Kentucky International Airport (CVG). The covered and uncovered parking facility, located at 613 Petersburg Road, will continue to operate under the Allright/Central Parking System name until the fall, when FastPark will re-brand the lot as FastPark & Relax.

In addition to a name change, FastPark plans a number of upgrades. The new owners will install a new revenue control system to expedite entrance and exit times, an expanded loyalty program – Relax for Rewards, and customer amenities such as free newspapers, bottled water and luggage assistance. Additionally, all shuttles and signage will be changed to reflect the brand.

“This facility is part of FastPark’s ongoing focus of developing and expanding our services,” said Manuel Chavez III, FastPark’s vice-president. “Cincinnati is our hometown and we believe in the market. This acquisition will allow us to offer more capacity to our customers.”

This is FastPark’s second off-site airport parking facility at CVG. The company currently operates Airport Fast Park, at 618 Petersburg Road, Hebron, Ky. Additionally, they operate 14 off-airport parking facilities throughout the country, with expansion plans for current and future markets.

For more information travelers may visit the company’s Web site at www.airportfastpark.com or call a local Airport Fast Park representative at (859) 689-7569.

Airport Fast Park, FastPark & Relax and Park Place are business units of FastPark, headquartered in Cincinnati. The company operates 14 off-site airport parking facilities in ten markets throughout the country. Airport Fast Park facilities are located in Albuquerque, NM, Austin, Tex., Baltimore, Cincinnati, Memphis, Tenn. and Miami. In Cleveland, the company operates both Airport Fast Park and Park Place, and in Houston lots are branded as FastPark & Relax, with two facilities under construction in Raleigh and Tucson. The self-serve parking service is open 24 hours per day, seven days per week, with instant shuttle service transporting customers to their specific terminal. Covered Parking, complimentary bottled water and newspapers are offered at most facilities.

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