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WASHINGTON — As the self-storage landscape becomes ever more competitive, site operators are exploring all options for increasing business and market share, seeking ways to produce a better return on investment. One idea is to add the lucrative option of vehicle storage, namely for boats and RVs.
More than 355,000 RVs are sold each year in the United States, including travel trailers, motorhomes and folding-tent trailers. Boat sales are also on the rise. All these vehicles need a place to park, and many of their owners don’t have the space to accommodate them at home, particularly as most homeowners’ covenants and associations don’t allow it. Often, the best and most secure option is self-storage.
Read the full story from Inside Self Storage.