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Case Study

Jairo & Jasmine in Florida

Del Carmen Hospitality runs a near-stable Miami portfolio, which makes it a clean test of pricing alone. On the 32 listings active in both periods, revenue grew from $901K to $1.1M, up 26%, while market penetration climbed from 13% above the Miami market to 33% above it.

Before RPM
$901K
After RPM
$1.1M
Growth
26%
Apr 2023 to Mar 2024 vs Aug 2025 to Jul 2026, stay-date revenue
$901K to $1.1M on the same 32 listings, up 26%, with a near-stable portfolio
Market penetration climbed from 13% above the Miami market to 33% above it
Surpassed 10,000 guest reviews while selling on Airbnb, Vrbo, and Booking.com
Verified Results

Results in Numbers

Monthly Revenue, Same Listings

Del Carmen Hospitality monthly revenue Bar chart of monthly stay-date revenue for Del Carmen Hospitality from Apr '23 to Jul '26, indexed to the average month before RPM onboarding. RPM starts Apr '24. The highest month reaches 2.1x the pre-RPM average. A data table follows this chart. 0x 0.5x 1x 1.5x 2x 2.5x Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26
Monthly Revenue, Same Listings
MonthRevenue vs average pre-RPM month
Apr 20231.0x
May 20230.8x
Jun 20230.7x
Jul 20230.8x
Aug 20230.7x
Sep 20230.7x
Oct 20230.8x
Nov 20230.8x
Dec 20231.2x
Jan 20241.1x
Feb 20241.4x
Mar 20241.8x
Apr 20241.2x
May 20241.1x
Jun 20240.8x
Jul 20241.0x
Aug 20240.9x
Sep 20240.8x
Oct 20241.0x
Nov 20241.0x
Dec 20241.4x
Jan 20251.3x
Feb 20251.5x
Mar 20251.7x
Apr 20251.2x
May 20251.1x
Jun 20251.0x
Jul 20251.0x
Aug 20250.9x
Sep 20250.5x
Oct 20250.8x
Nov 20251.1x
Dec 20251.5x
Jan 20261.6x
Feb 20261.7x
Mar 20262.1x
Apr 20261.5x
May 20261.3x
Jun 20261.1x
Jul 20261.0x
Monthly stay-date revenue, Apr 2023 to Jul 2026, indexed to the average pre-RPM month (1x).

Year Over Year, Same Listings

Del Carmen Hospitality revenue before and after RPM Bar chart comparing 12-month stay-date revenue for Del Carmen Hospitality: $901K in the 12 months before RPM onboarding versus $1.1M in the 12 months after, a +26% increase. A data table follows this chart. $901K Before RPM Apr 2023 to Mar 2024 $1.1M Last 12 Months Aug 2025 to Jul 2026 +26%
Year Over Year, Same Listings
WindowRevenueOccupancy
Before RPM (Apr 2023 to Mar 2024)$901K69.6%
After RPM (Aug 2025 to Jul 2026)$1.1M78.1%
Comparing the 12 months before RPM onboarding (Apr 2023 to Mar 2024) with the most recent 12 months (Aug 2025 to Jul 2026), stay-date revenue.
The Complete Story

Monthly Revenue, Whole Portfolio

Del Carmen Hospitality monthly revenue Bar chart of monthly stay-date revenue for Del Carmen Hospitality from Apr '23 to Jul '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 Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26
Monthly Revenue, Whole Portfolio
MonthRevenue vs average pre-RPM month
Apr 20230.8x
May 20230.7x
Jun 20230.6x
Jul 20230.7x
Aug 20230.7x
Sep 20230.8x
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 20241.1x
Aug 20240.9x
Sep 20240.9x
Oct 20241.1x
Nov 20241.2x
Dec 20241.9x
Jan 20251.9x
Feb 20252.1x
Mar 20252.5x
Apr 20251.7x
May 20251.6x
Jun 20251.4x
Jul 20251.4x
Aug 20251.3x
Sep 20250.9x
Oct 20251.2x
Nov 20251.5x
Dec 20252.2x
Jan 20262.3x
Feb 20262.5x
Mar 20263.0x
Apr 20262.1x
May 20261.8x
Jun 20261.7x
Jul 20261.6x
Monthly stay-date revenue, Apr 2023 to Jul 2026, indexed to the average pre-RPM month (1x).
Including Every Listing Added

Year Over Year, Whole Portfolio

Del Carmen Hospitality revenue before and after RPM Bar chart comparing 12-month stay-date revenue for Del Carmen Hospitality: $1.1M in the 12 months before RPM onboarding versus $2M in the 12 months after, a +86% increase. A data table follows this chart. $1.1M Before RPM Apr 2023 to Mar 2024 $2M Last 12 Months Aug 2025 to Jul 2026 +86%
Year Over Year, Whole Portfolio
WindowRevenueOccupancy
Before RPM (Apr 2023 to Mar 2024)$1.1M68.6%
After RPM (Aug 2025 to Jul 2026)$2M79.8%
Comparing the 12 months before RPM onboarding (Apr 2023 to Mar 2024) with the most recent 12 months (Aug 2025 to Jul 2026), stay-date revenue.

When we first met Jairo and his sister and business partner Jasmine in January 2024, Del Carmen Hospitality was already a serious Miami operator. The early audit phase moved fast: RevPAR up 21% in month one and 36% in month two, Superhost status secured, and distribution diversified beyond Airbnb into Vrbo and Booking.com. In April 2024, the portfolio became a full RPM client.

How we measure this

These numbers compare only the 32 listings that earned revenue throughout the year before RPM and are still selling today. The portfolio itself stayed near stable, consolidating slightly from 54 listings to 50, which makes Del Carmen one of the cleanest pricing comparisons in our book: almost nothing here is portfolio change, it is the same inventory priced better.

What we did

  • Event pricing for everything from F1 weekend to the 2026 World Cup, where one early booking landed at nearly four times the prior year’s nightly rate
  • Market-responsive daily rate adjustments across the portfolio
  • Multi-channel rate strategy across Airbnb, Vrbo, and Booking.com

Results, same listings only

In the twelve months before RPM (April 2023 through March 2024), those 32 listings earned $901K in stay-date revenue.

The most recent twelve months (August 2025 through July 2026) brought $1.1M on the same listings, up 26%, roughly $237K in added annual revenue on identical inventory.

  • $901K to $1.1M, up 26%, on the same 32 listings
  • Market penetration up from 13% above the Miami market to 33% above it
  • March 2026 was the portfolio’s best month on record

The whole portfolio

The portfolio count held near-stable, from 54 listings to 50, but Del Carmen also replaced listings along the way. Including everything PriceLabs tracks today, revenue went from $1.1M to $2M across the same twelve-month windows.

Where they are now

Today the portfolio has surpassed 10,000 guest reviews, added new Hollandale units in spring 2026, and continues to outpace the Miami market on penetration.

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

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

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