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Case Study

Alex in Missouri

Alex runs 104 units in Missouri and scaled aggressively during our partnership. Measured on identical listings only, occupancy runs 38% ahead of his market, up from 18% ahead before Foundry, with same-listing revenue up 10% in a softening market.

Year Over Year, Whole Portfolio
Alex revenue before and after Foundry Bar chart comparing 12-month stay-date revenue: $891K before Foundry versus $3.2M after, a +256% increase. $891K BEFORE FOUNDRY $3.2M AFTER FOUNDRY +256%
Occupancy vs Market 38% ahead
Dec 2023 to Nov 2024 vs Aug 2025 to Jul 2026, stay-date revenue
Same-listing revenue up 10%, $618K to $679K, in a market that spent much of the window falling
By early June 2026 the portfolio ran 61% occupancy for the month against a market at 36%
Alex scaled to 104 units alongside, every one priced from day one
Verified Results

Results in Numbers

Monthly Revenue, Same Listings

Alex monthly revenue Bar chart of monthly stay-date revenue for Alex from Dec '23 to Jul '26, indexed to the average month before Foundry onboarding. Foundry starts Dec '24. The highest month reaches 1.6x the pre-Foundry average. A data table follows this chart. 0x 0.5x 1x 1.5x 2x Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Monthly Revenue, Same Listings
MonthRevenue vs average pre-Foundry month
Dec 20230.8x
Jan 20240.6x
Feb 20240.8x
Mar 20241.0x
Apr 20241.0x
May 20241.1x
Jun 20241.2x
Jul 20241.1x
Aug 20241.0x
Sep 20240.9x
Oct 20241.3x
Nov 20241.1x
Dec 20241.1x
Jan 20250.9x
Feb 20250.8x
Mar 20251.1x
Apr 20251.0x
May 20251.3x
Jun 20251.3x
Jul 20251.2x
Aug 20251.3x
Sep 20251.1x
Oct 20251.2x
Nov 20251.0x
Dec 20251.0x
Jan 20260.8x
Feb 20260.8x
Mar 20261.0x
Apr 20260.9x
May 20261.2x
Jun 20261.6x
Jul 20261.4x
Monthly stay-date revenue, Dec 2023 to Jul 2026, indexed to the average pre-Foundry month (1x).

Year Over Year, Same Listings

Alex revenue before and after Foundry Bar chart comparing 12-month stay-date revenue for Alex: $618K in the 12 months before Foundry onboarding versus $679K in the 12 months after, a +10% increase. A data table follows this chart. $618K Before Foundry Dec 2023 to Nov 2024 $679K Last 12 Months Aug 2025 to Jul 2026 +10%
Year Over Year, Same Listings
WindowRevenueOccupancy
Before Foundry (Dec 2023 to Nov 2024)$618K79.4%
After Foundry (Aug 2025 to Jul 2026)$679K84.4%
Comparing the 12 months before Foundry onboarding (Dec 2023 to Nov 2024) with the most recent 12 months (Aug 2025 to Jul 2026), stay-date revenue.
The Complete Story

Monthly Revenue, Whole Portfolio

Alex monthly revenue Bar chart of monthly stay-date revenue for Alex from Dec '23 to Jul '26, indexed to the average month before Foundry onboarding. Foundry starts Dec '24. The highest month reaches 6.3x the pre-Foundry average. A data table follows this chart. 0x 2x 4x 6x 8x Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Monthly Revenue, Whole Portfolio
MonthRevenue vs average pre-Foundry month
Dec 20230.6x
Jan 20240.4x
Feb 20240.6x
Mar 20240.7x
Apr 20240.8x
May 20241.1x
Jun 20241.2x
Jul 20241.1x
Aug 20241.0x
Sep 20241.1x
Oct 20241.7x
Nov 20241.7x
Dec 20241.8x
Jan 20251.4x
Feb 20251.4x
Mar 20251.9x
Apr 20251.9x
May 20252.5x
Jun 20252.8x
Jul 20252.7x
Aug 20252.6x
Sep 20252.5x
Oct 20253.1x
Nov 20252.9x
Dec 20253.0x
Jan 20262.3x
Feb 20262.5x
Mar 20263.7x
Apr 20263.7x
May 20264.5x
Jun 20266.3x
Jul 20265.5x
Monthly stay-date revenue, Dec 2023 to Jul 2026, indexed to the average pre-Foundry month (1x).
Including Every Listing Added

Year Over Year, Whole Portfolio

Alex revenue before and after Foundry Bar chart comparing 12-month stay-date revenue for Alex: $891K in the 12 months before Foundry onboarding versus $3.2M in the 12 months after, a +256% increase. A data table follows this chart. $891K Before Foundry Dec 2023 to Nov 2024 $3.2M Last 12 Months Aug 2025 to Jul 2026 +256%
Year Over Year, Whole Portfolio
WindowRevenueOccupancy
Before Foundry (Dec 2023 to Nov 2024)$891K72.0%
After Foundry (Aug 2025 to Jul 2026)$3.2M79.3%
Comparing the 12 months before Foundry onboarding (Dec 2023 to Nov 2024) with the most recent 12 months (Aug 2025 to Jul 2026), stay-date revenue.

Alex signed on in November 2024 and Foundry went live that December. He manages 104 units in Missouri today, and the business has scaled aggressively throughout our partnership.

How we measure this

Alex kept growing while we priced. To show what pricing did on its own, this case study compares only the 18 listings that earned revenue throughout the year before Foundry and are still selling today. The whole-portfolio number is below, and it shows what pricing and expansion produced together.

What we did

  • Market-responsive daily pricing across the portfolio we manage
  • Event pricing for the 2026 World Cup, holding rates through the group stage while most of the market overpriced early and then slashed
  • Occupancy pacing tuned to a market that softened through 2025 and 2026

Results, same listings only

On identical listings, occupancy ran 18% ahead of his market before Foundry. With Foundry it runs 38% ahead. That is a 20-point widening of the gap while the market itself weakened.

Revenue on those same listings grew from $618K to $679K, up 10%, in a market where flat was a win.

  • Occupancy vs the market: from 18% ahead to 38% ahead
  • Same-listing revenue up 10% while the market softened
  • Alex scaled to 104 units alongside, every one priced from day one

The whole portfolio

Every unit we price came onto the same system from its first night live, so none of them spent a season finding a rate. Including everything PriceLabs tracks today, revenue went from $891K to $3.2M across the same twelve-month windows.

Alex brought the units and the owner relationships. He was able to add them at that pace because pricing was never a thing he had to stop and solve, and because his existing listings kept pulling ahead of the market the whole time.

Where they are now

Alex keeps adding units, and we price each one from day one. By early June 2026 the portfolio was running 61% occupancy against a market at 36%, and whole-portfolio revenue in June and July each ended roughly double the same month a year earlier.

“I was looking at market occupancy for June, and you’re crushing it, man. Crushing it. Absolutely crushing it.”

- Alex

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