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Method and systems for space reservation on parking lots with mechanisms for space auctioning, over-booking, reservation period extensions, and incentives

  • US 7,181,426 B2
  • Filed: 12/14/2000
  • Issued: 02/20/2007
  • Est. Priority Date: 12/14/2000
  • Status: Active Grant
First Claim
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1. A method of reserving a space from among a plurality of spaces at a location, said method comprising the steps of:

  • receiving a reservation request inputted into a graphical user interface of a reservation system utilized to provide reservations for one of the plurality of spaces at said location, said reservation request including date and time information for which said reservation is made;

    providing an electronic payment method for receiving payment for an issued reservation corresponding to said reservation request;

    outputting, in response to the receipt of payment, a reservation coupon, which includes an identifying bar code that enables access to the location via a bar code reader, and wherein when the reservation assigns a particular space among the plurality of spaces, the reservation coupon also includes a space identifier indicating the particular space that is assigned to the reservation; and

    updating a reservation period linked to the reservation coupon by an additional period on payment by the customer for the additional period, wherein the customer is able to extend a reservation after said reservation coupon has been printed when the reserved space had not been allocated to another customer.

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