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Case Study

Del Carmen Hospitality

Florida

When we first met Jairo in January 2024, Del Carmen's prime Miami locations had clear untapped potential. Two years into RPM, the portfolio earned $1.42M in the most recent twelve months versus $809K the year before RPM, up 75% on a near-stable unit count.

Before RPM
$809K
After RPM
$1.4M
Growth
75%
Apr 2023 to Mar 2024 vs Jun 2025 to May 2026, stay-date revenue
From $809K the year before RPM to $1.42M in the most recent twelve months, up 75%
Occupancy climbed 13 points, from 68% to 81%, on a near-stable portfolio
Surpassed 10,000 guest reviews while selling on Airbnb, Vrbo, and Booking.com
Verified Results

Results in Numbers

Monthly Revenue

Del Carmen Hospitality monthly revenue Bar chart of monthly stay-date revenue for Del Carmen Hospitality from Apr '23 to May '26, indexed to the average month before RPM onboarding. RPM starts Apr '24. The highest month reaches 3.0x the pre-RPM average. A data table follows this chart. 0x 1x 2x 3x 4x RPM starts Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26
Monthly Revenue
MonthRevenue vs average pre-RPM month
Apr 20230.9x
May 20230.6x
Jun 20230.6x
Jul 20230.7x
Aug 20230.7x
Sep 20230.7x
Oct 20230.9x
Nov 20230.9x
Dec 20231.3x
Jan 20241.3x
Feb 20241.5x
Mar 20241.9x
Apr 20241.3x
May 20241.1x
Jun 20240.9x
Jul 20241.0x
Aug 20240.9x
Sep 20240.8x
Oct 20241.1x
Nov 20241.2x
Dec 20241.9x
Jan 20251.8x
Feb 20252.1x
Mar 20252.4x
Apr 20251.7x
May 20251.5x
Jun 20251.4x
Jul 20251.3x
Aug 20251.3x
Sep 20250.9x
Oct 20251.1x
Nov 20251.4x
Dec 20252.2x
Jan 20262.2x
Feb 20262.4x
Mar 20263.0x
Apr 20262.1x
May 20261.7x
Monthly stay-date revenue, Apr 2023 to May 2026, indexed to the average pre-RPM month (1x).

Year Over Year

Del Carmen Hospitality revenue before and after RPM Bar chart comparing 12-month stay-date revenue for Del Carmen Hospitality: $809K in the 12 months before RPM onboarding versus $1.4M in the 12 months after, a +75% increase. A data table follows this chart. $809K Before RPM Apr 2023 to Mar 2024 $1.4M Last 12 Months Jun 2025 to May 2026 +75%
Year Over Year
WindowRevenueOccupancy
Before RPM (Apr 2023 to Mar 2024)$809K67.6%
After RPM (Jun 2025 to May 2026)$1.4M80.8%
Comparing the 12 months before RPM onboarding (Apr 2023 to Mar 2024) with the most recent 12 months (Jun 2025 to May 2026), stay-date revenue.

Unlocking Miami’s Potential

When we first met Jairo in January 2024, Del Carmen’s prime Miami locations had clear untapped potential, and the opportunity was significant.

The Audit Phase: Early 2024

Our first engagement was a comprehensive audit. We refined pricing, optimized listing content, and implemented strategic rate adjustments. The early milestones came fast in those first months of 2024: RevPAR up 21% in month one and 36% in month two, Superhost status secured, and distribution diversified beyond Airbnb into Vrbo and Booking.com.

Full RPM: April 2024

In April 2024, Del Carmen became a full RPM client. Since then, revenue manager Patrick has run weekly pricing calls with the Del Carmen team: seasonal rate strategy, occupancy pacing against last year’s finals, and event pricing for everything from F1 weekend to the 2026 World Cup, where match dates are priced to the teams most likely to draw traveling fans. When one early World Cup booking landed at nearly four times the prior year’s nightly rate, Jairo’s reaction summed up the partnership:

“If that’s any indication, hopefully those aren’t one-offs and that just happens everywhere. That’ll be amazing.”

  • Jairo Osorno, Founder

Two Years In: Durable Results

Quick wins fade. Del Carmen’s didn’t. In the twelve months before RPM (April 2023 through March 2024), the portfolio earned $809K at 67.6% occupancy. The most recent twelve months (June 2025 through May 2026) brought $1.42M at 80.8% occupancy, up 75% on revenue with a 13-point occupancy gain.

This is not growth from adding doors: the portfolio went from 54 listings to 50 over the engagement. The growth came from filling more nights at better rates. March 2026 was the portfolio’s best month on record, nearly 1.6 times the March before RPM began, and the team has been outpacing the Miami market on RevPAR and market penetration along the way.

Where Del Carmen Is Now

Today the portfolio has surpassed 10,000 guest reviews, added new Hollandale units in spring 2026, and is rolling all of its listings onto Booking.com with the markups and promotions engineered so every channel pays like Airbnb. With pricing handled, Jairo’s team stays focused on operations, guest experience, and the next building.

“Taking pricing off our plate let us focus on what we do best—delivering exceptional guest experiences in Miami.”

  • Jairo Osorno, Founder
Jairo Osorno, Founder of Del Carmen Hospitality
Jairo Osorno, Founder of Del Carmen Hospitality

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