Abstract: To investigate travelers' choice behavior when facing the failure of park-and-ride (P&R), the corresponding demand characteristic under the limit of facility capacity was analyzed based on the parking survey associated with two parking lots in Beijng. The multinomial logit (MNL) and nested Logit (NL) models were further developed to describe the travel behavior after travelers cannot accomplish P&R at a time. Results show that some P&R facilities in Beijing are not enough to meet the demand for P&R due to limited capacities. For the travelers of P&R failure, some of them tend to seek the public parking lots for the second transfer. Additionally, the travel behavior after P&R failure is mainly affected by travel time, parking fee and the restricting license plate policy. The public parking lots nearer the subway station can adapt the multiperiod charge strategy such that they can attract more travelers of P&R failure.