Bermuda Self Storage has opened in the town of St. George’s on St. George’s Island, Bermuda. Owner Kerry Davison believes the 48-unit facility on Ferry Road will appeal to homeowners who rent their properties through accommodation websites like Airbnb. Many need to temporarily store personal belongings while their homes are occupied, according to the source.
Statistics from the Bermuda Tourism Authority indicate the short-term vacation rental market is booming, growing 53 percent between 2016 and 2017. Though those figures may have been skewed by the presence of the America’s Cup, short-term rentals have grown another 11.6 percent through the first seven months this year, the source reported.
The facility is in an area known as the East End. It features climate-controlled units, gated keypad access and security cameras. “All the staff here will be alerted when someone enters the building, and we all have the cameras installed on our mobile phones,” Davison told the source.
The self-storage owner views the new venture as a natural extension of her family’s history of entrepreneurship. “My family owns the Davison’s Group of Cos., Bermuda Kitchen & Baths, Bermuda Lumber Co. and Kitchen Installations Ltd.,” she said.
Davison’s father started Davison’s of Bermuda 55 years ago. Her sister, Laura Pitt, runs part of the family business, while Davison oversees the construction and lumber businesses, in addition to the self-storage facility, according to the source.
Source:
The Royal Gazette, New Self-Storage Business Opens in East End