New Membership Approvals

Hello! We're thrilled you want to be a part of Self-Storage Talk! Please be patient with us as registration make take longer to process around the holidays. We'll approve new accounts as promptly as possible. We thank you in advance for your understanding.
See more
See less

Occupancy rate in a new market

  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Re: Occupancy rate in a new market

    Originally posted by DeeUKStorage View Post
    This is a really interesting thread for me as we are a new business in the UK, and I have been wondering lately whether our increase in occupancy has been relatively slow, quick, or about average?

    While self storage is definitely becoming more and more popular over here, it is obviously nowhere near US levels. So I think I am fairly pleased with taking our occupancy from 0% up to 33% in 6 months. And of all of our customers who have moved in, only 6 have moved out again - the rest just keep on staying!

    0-33% in 6 months? Good, bad or middling?? What do you guys think? Enquiries are certainly up, more people are phoning/coming in every week and last week we took record takings so I think it's looking good for the future

    I'll keep an eye on this thread as there are such similarities between certain markets, with Europe/Asia being a prime example.

    Thanks for everyone's input!
    Your doing very well, keep it up and you will be fine.
    Mel Holsinger, President
    Professional Self Storage Management, LLC
    3434 E. Kleindale Ste. E
    Tucson, AZ 85716
    O: 520.320.9135
    F: 520.320.9435


    Latest Topics


    • elimiller
      Electronic locks
      by elimiller
      Looking at building a new facility and I'm considering putting electronic locks in. Any recommendation of what companies sell them and I would also like to get people's feedback that have used electronic locks?
      Please post your feedback in the comments or sent me a private message if you're not...
      Today, 10:59 AM
    • Storman
      Reply to Rate Increase Repsonses
      by Storman
      I guess that's the difference, I AM the owner and tell people that as part of the reason why my facility is different than all the other corporate places out there with a revolving door of disinterested management whom
      will take no responsibility for what they promise you and blame everything...
      Today, 12:53 AM
    • Storman
      Reply to Rate Changes
      by Storman
      Man, that's just tragic. At the very least rates should increase with the cost of living, otherwise they're losing money every single year. Inflation since 2010 is almost 20%....
      Today, 12:26 AM