
The hospitality industry is a broad, service-oriented sector focused on providing accommodation, food and beverage, and leisure experiences to guests away from home. It includes hotels, restaurants, bars with a primary goal of creating positive guest experiences.

The U.S. self-storage industry is a over $40 billion market, with over 67,400 facilities providing roughly 2.6 billion square feet of space. Driven by life transitions, urbanization, and e-commerce, the sector is seeing moderated growth in 2026 due to higher construction costs and softened rental rates. Extra Space Storage is one of the key players in the industry.
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