The Parking Spot
From Wikipedia, the free encyclopedia
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Airport Parking |
| Founded | 1998[1] |
| Headquarters | |
Area served | United States |
Key people | Tim O'Malley, CEO[2] |
| Owner | KKR |
| Website | theparkingspot |
The Parking Spot is an off-airport parking company based in Chicago, Illinois. Founded in 1998 by Martin Nesbitt, the company grew quickly to become a distinctive brand with hundreds of millions of passengers annually.[3] The company's first backer was Penny Pritzker, a member of the prominent Pritzker family that founded and largely owns Hyatt.[4]
The Parking Spot has 70+ near airport locations across 45 U.S. airports, as of 2025.[5]
In 2011, The Parking Spot was sold to real estate investment group Green Courte Partners LLC for $360 million.[6] Its loyalty rewards program, The Spot Club, crossed the million-member mark in 2016.[7] In August 2019, the company announced a partnership with SpotHero, a digital parking marketplace, to allow for booking through their interface.[8][9]
