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Case Study

Alan in North Topsail Beach, NC

Alan co-founded his vacation rental company in North Topsail Beach, North Carolina, and built it to 67 listings while personally handling every rate decision. He handed pricing to RPM in January 2026. Five months later, revenue for the same calendar months is up $510K and the portfolio has nearly doubled to 129 listings.

Before RPM
$244K
After RPM
$754K
Growth
209%
Jan 2025 to May 2025 vs Jan 2026 to May 2026, stay-date revenue
$510K added in the first five months, comparing January through May year over year
May revenue more than tripled the prior May, with April nearly tripling as well
Portfolio nearly doubled from 67 to 129 listings while RPM priced every new unit
Verified Results

Results in Numbers

Monthly Revenue

Paragon Vacations monthly revenue Bar chart of monthly stay-date revenue for Paragon Vacations from Jan '25 to May '26, indexed to the average month before RPM onboarding. RPM starts Jan '26. The highest month reaches 14.5x the pre-RPM average. Lighter bars show 3 upcoming month(s) with revenue already booked. A data table follows this chart. 0x 3x 6x 9x 12x 15x RPM starts Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26
Monthly Revenue
MonthRevenue vs average pre-RPM month
Jan 20250.3x
Feb 20250.3x
Mar 20250.6x
Apr 20251.4x
May 20252.3x
Jun 20255.7x
Jul 20258.0x
Aug 20255.2x
Sep 20252.5x
Oct 20251.4x
Nov 20250.9x
Dec 20251.2x
Jan 20260.9x
Feb 20260.8x
Mar 20262.0x
Apr 20264.0x
May 20267.8x
Jun 2026 (booked so far)14.5x
Jul 2026 (booked so far)14.0x
Aug 2026 (booked so far)6.1x
Monthly stay-date revenue, Jan 2025 to May 2026, indexed to the average pre-RPM month (1x). Lighter bars: revenue already booked for upcoming months as of 2026-06-10. Bookings are still arriving for those months; these are not final results or projections.

Year Over Year

Paragon Vacations revenue before and after RPM Bar chart comparing 5-month stay-date revenue for Paragon Vacations: $244K in the 5 months before RPM onboarding versus $754K in the 5 months after, a +209% increase. A data table follows this chart. $244K Before RPM Jan 2025 to May 2025 $754K After RPM Jan 2026 to May 2026 +209%
Year Over Year
WindowRevenueOccupancy
Before RPM (Jan 2025 to May 2025)$244K47.1%
After RPM (Jan 2026 to May 2026)$754K40.3%
Comparing the same 5 calendar months (Jan-May) before and after RPM onboarding, stay-date revenue.

A One-Person Pricing Department

Alan and his business partner launched their vacation rental company in August 2023 and grew it to 67 listings on Topsail Island in just over two years. Alan ran lean: he was the only person touching listings, descriptions, and every rate decision, on top of daily operations. He came to RPM through his mentor and friend Joe, a fellow coastal North Carolina property manager who had already handed his own pricing to the same revenue manager.

“I knew that that meant something to Joe when he hired you guys, and I was immediately sold at that point.”

  • Alan

What Changed

RPM went live in January 2026, with a revenue manager who already covered the Southeast and knew the Topsail market. On weekly calls the strategy took shape:

  • Weekend rates pushed up and weekday rates eased as summer approached, matched to how coastal guests actually book
  • An occupancy-first play for soft stretches and an ADR push for peak weeks, tuned month by month against market pacing data
  • Custom pricing logic for a block of motel-style units, scaled off the occupancy of that portfolio set

Early Results, Before the Summer Even Starts

January through May are shoulder months in a beach market, and the peak season is still ahead. Even so, the first five months under RPM did $754K against $244K for the same months a year earlier, $510K added and 209% growth. May revenue more than tripled the prior May, and April nearly tripled.

The portfolio also nearly doubled during this window, from 67 to 129 listings, so the totals reflect both new inventory and stronger pricing on existing homes. Portfolio-wide occupancy averaged lower than the prior year, 40% versus 47%, because dozens of brand-new listings were still ramping. The comparable listings tell the pricing story: in April they ran 11.28% ahead of the prior year while the market fell 6.48%, an effective RPM impact near 19%, and March showed a comparable-set impact of about 23%. Through all of that growth, the portfolio held a 4.93 guest review average.

What’s Next

With pricing handled, Alan is focused on onboarding the next wave of homes and letting his small team run lean. The summer months, the ones that matter most on Topsail Island, are still in front of them.

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