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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…

Like you, I have been living through the unprecedented times brought upon us by COVID-19. While my team and I are not health experts, we can appreciate the analytics behind the decisions for such social separation practices and policies. Together, we need to “flatten the curve” of infection rates. You can check out the latest…

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…