6/11 Full Speed Ahead: The Operational Considerations of Adding Boat/RV Storage to Your Self-Storage Facility
This article from Inside Self Storage covers a burgeoning topic in the self-storage industry. Written by McKall Morris and titled “Full Speed Ahead: The Operational Considerations of Adding Boat/RV Storage to Your Self-Storage Facility.” As many know the recent social, economic, and government trends have positively affected RV and Boat sales. This has resulted in increased vehicle storage needs across the US. Some key trends include rising incomes, better access to credit, Baby Boomers entering retirement, pandemic-induced quarantines, and social distancing requirements. All of these trends have bolstered demand for discretionary purchases such as extra vehicles, boats, and RVs. Furthermore, as COVID-19 restrictions ease up in 2021, vacations and total vehicle miles traveled in a calendar year are expected to rise. This bears the question, is now the time to add boat, RV, and vehicle storage to your facility? Read the article to learn about the demand for this storage type and the operational factors storage owners should consider when making their decision to provide RV and Boat Storage.
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