Our Revenue Management platform adjusts unit pricing, discounting and unit rates as fast as the market changes.

Revenue managers work in the field 25% of the time so that they understand the demands of the specific property. They work closely with the IT team to create property price "triggers", a dynamic real-time pricing application. Here are other ways our Revenue Management adds value to your property:

Rate Increases
With nearly 400,000 tenants spread over more than 800 properties, Extra Space Storage® has the ability to continually test statistical levels of rate increases to find the "sweet spot" between rate and occupancy.

Competitor Rates
Extra Space Storage shops four major competitors for every one of our properties each month. Revenue Management has a database of over 30,000 competitors including location, property attributes, quality rating, property photos and demographics.

Real-Time Pricing
With a combination of ground level qualitative data and centralized quantitative data, pricing triggers are assigned to each unit type. These pricing triggers adjust prices to real-time demand to ensure that we are getting the highest price for the most occupied units.

Discount and Promotion Optimization
Discounting is managed real-time as demand changes—decreased discounting when occupancy is high and increased discounting when occupancy is low. We also track, test and centrally govern the most powerful discounts on a continual basis.