A Refresh And A Big Thank You

A Refresh And A Big Thanks

Veritec Solutions is happy to announce a refresh of our industry-leading self-storage revenue management solution, VRMS, with an updated log-in page, a new color scheme, an exciting new competitor mapping feature*, along with a variety of other updates. This is another way of saying a big “Thank You!” to all our clients, industry colleagues and…

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The Power of Data: The Move-In Move-Out Equilibrium, or Conundrum?

The Power of Data - Move-In Move-Out Equilibrium or Conundrum

We continue in our series of blogs on the power of data. We looked in the past at new customer move-ins and existing customer move-outs revenue per square foot. As there is a certain equilibrium between new customer move-ins and existing customer move-outs, we now look at the two key performance indices (KPIs) together, along with existing customer revenue per square foot.

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Hot Inflation, Hotter Self Storage Rents?

Hot Inflation, Hotter Self Storage Rents? Your rental rates depend on your particular situation, not necessarily inflation.

We have all seen the headlines. We even “feel” the headlines. Inflation in September 2022 was hotter than expected, at 8.2% over last September. According to the Federal Reserve, the central bank of the United States, “Inflation is the increase in the prices of goods and services over time. Inflation cannot be measured by an increase in the cost …

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