2023 Self Storage Industry Recap: Navigating Economic Shifts and Embracing Innovation The self-storage sector, resilient in 2023, faces economic shifts and tech changes. Recession predictions (47.5% last year) were defied, but recent surveys hint at a 60.8% chance in the coming year. Storable, a significant industry player, analyzes economic and industry data for insights. The …
Access Control Software: What Notifications are Important? Your access control software is the backbone of your storage site’s security. Receiving notifications from the software helps you identify security events. But which messages are most important? We receive notifications from numerous applications daily, and it is easy to miss essential notifications simply because you get too …
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How to Keep Your Self Storage Facility Competitive and Meet Consumer Demand A mere 50 years ago, when disco was hot and shows like Sonny and Cher and The Partridge Family dominated our television screens, self-storage was considered a “mom and pop” operation. Facilities were small with dreary, unpretentious buildings and very little competition. The …
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3 Ways to Enhance Access Control The self-storage industry is becoming increasingly more competitive. One way to position your company as the premier self-storage solution is to invest in sophisticated access control solutions that protect you and your tenants’ assets. But there are so many options available that it can be difficult to determine how …
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Is Your Self-Storage Business Capable of Surviving a Downturn? In case you haven’t noticed, the economy is in flux. The S&P 500 index entered bear market territory in June, new home sales slid 17 percent in April and the Federal Reserve okayed its biggest interest rate increase since 1994. So, what does this mean for …
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Measuring the Success of Your Self-Storage Business How do you measure the success of your self-storage business? If you’re not measuring your key business objectives, you may not have a clear path to growing your business. Measuring KPIs lays the foundation for making data-driven decisions and improves communication with stakeholders. Of course, you have to know what …
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Leveraging Technology to Enhance Virtual Management Self-storage isn’t as simple as it may sound. It’s a fast-growing segment of commercial real estate with distinct operational challenges from multiple viewpoints. With so many emerging technology solutions, it’s no surprise that virtual self-storage management is becoming the industry standard. Because technology is more critical than ever for …
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Today’s self-storage owners and operators face a steady stream of challenges. Customer expectations are at an all-time high. Facility managers are also under pressure to achieve new operational efficiency levels and effectiveness. There aren’t enough hours in the day to do it all — especially if the operation continues to rely on traditional security technology. …
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In the current self-storage market, facility owners and operators run the risk of commoditization, or the misguided notion that all self-storage facilities should charge the same rates because they’re all basically the same. In reality, every facility is different — but owners and operators have to clearly demonstrate value to charge higher rates. Whether you’ve …
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PTI Security Systems Improves Customer Service Model with the Addition of Customer Service Manager Michael Treichler [SCOTTSDALE, AZ – September 1, 2020] PTI Security Systems, the global leader in access control technology for the self-storage industry, is pleased to announce the addition of Michael Treichler as Customer Service Manager. Michael’s addition is the first …