Posts by Alden Chang

We are pleased to announce that Dr. Warren Lieberman, President of Veritec Solutions, will be a panelist on Jim Ross’s Beat The REITs Summit of 2020, held on May 27th. This event is for self storage operators, and the entire event is online so you can watch the presentations from the comfort of your own…

The COVID-19 impact has many businesses facing particularly challenging times. Exogenous shocks such as COVID-19 have direct, powerful impacts on the revenue management efforts of companies across many industries. Banks are foregoing service and penalty fees. Airlines are waiving rescheduling fees. Car dealers are discounting heavily. Self-storage operators are no different. We can certainly debate…

At Veritec Solutions, we routinely collect web-based pricing data from over 1,500 self-storage companies in the United States. The number of stores in these companies range from one to over 2,000. So, what are some of the insights that these data provide? Do we see contrasting pricing strategies by these companies? If so, how are…