Distinguishing Characteristics of Revenue Management in the Self-Storage Industry
					This brief paper reviews how seven characteristics of the self-storage industry affect designing and implementing revenue management systems in that industry. The characteristics we focus on are:
- Low transaction volume
 - Length of rent is not controlled by the rental agreement
 - Rates can be changed during the term of the rental
 - Individual contracts and transactions can be reviewed
 - Conventional revenue management purchase fences may not be applicable
 - Computational requirements are reduced
 - Revenue management strategies and tactics are in their infancy
 
by Warren H. Lieberman | Published Jun 2007
