Bike riding is good for your health, but also for the cities health.
According to the research in 2008, it showed that not only bike parking brings five times more revenue with respect to car parking, but also customers arriving on foot or by bike, tend to spend more money than people arriving by car.
Some other advantages of bike parking are low investments and high revenue, time-saving, it takes less space than car parking. So the payoff can be way greater.
Of course, car parking will stay bigger for a city, as a lot of tourists and people from other cities won’t be visiting by bike, but we should consider the advantages bike parking brings to the city.