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Case Study

Joe in North Carolina

Joe rebuilt his business after two 2024 hurricanes shut down nine of his coastal North Carolina listings. He handed pricing to Foundry in November 2025, into a market that was down 13.5% year over year. On the same homes, revenue grew 14% anyway, and every home he added through the rebuild started earning at full rate from day one.

Year Over Year, Same Listings
Joe revenue before and after Foundry Bar chart comparing 9-month stay-date revenue: $1.4M before Foundry versus $1.6M after, a +14% increase. $1.4M BEFORE FOUNDRY $1.6M AFTER FOUNDRY +14%
The Market down 13.5%
Nov 2024 to Jul 2025 vs Nov 2025 to Jul 2026, stay-date revenue
Including every home PriceLabs tracks today, revenue went from $2.3M to $4.3M across the same nine months, in a falling market
$200K added on identical homes during a post-hurricane market slump
PriceLabs tracks 97 listings today, and Joe signed three more homes in June alone
Verified Results

Results in Numbers

Monthly Revenue, Same Listings

Joe monthly revenue Bar chart of monthly stay-date revenue for Joe from Nov '24 to Jul '26, indexed to the average month before Foundry onboarding. Foundry starts Nov '25. The highest month reaches 2.7x the pre-Foundry average. A data table follows this chart. 0x 1x 2x 3x Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26
Monthly Revenue, Same Listings
MonthRevenue vs average pre-Foundry month
Nov 20240.6x
Dec 20240.5x
Jan 20250.4x
Feb 20250.4x
Mar 20250.7x
Apr 20250.9x
May 20251.3x
Jun 20251.8x
Jul 20252.3x
Aug 20251.7x
Sep 20250.9x
Oct 20250.8x
Nov 20250.6x
Dec 20250.5x
Jan 20260.5x
Feb 20260.4x
Mar 20260.7x
Apr 20261.0x
May 20261.4x
Jun 20262.3x
Jul 20262.7x
Monthly stay-date revenue, Nov 2024 to Jul 2026, indexed to the average pre-Foundry month (1x).

Year Over Year, Same Listings

Joe revenue before and after Foundry Bar chart comparing 9-month stay-date revenue for Joe: $1.4M in the 9 months before Foundry onboarding versus $1.6M in the 9 months after, a +14% increase. A data table follows this chart. $1.4M Before Foundry Nov 2024 to Jul 2025 $1.6M After Foundry Nov 2025 to Jul 2026 +14%
Year Over Year, Same Listings
WindowRevenueOccupancy
Before Foundry (Nov 2024 to Jul 2025)$1.4M61.6%
After Foundry (Nov 2025 to Jul 2026)$1.6M58.1%
Comparing the same 9 calendar months (Nov-Jul) before and after Foundry onboarding, stay-date revenue.
The Complete Story

Monthly Revenue, Whole Portfolio

Joe monthly revenue Bar chart of monthly stay-date revenue for Joe from Nov '24 to Jul '26, indexed to the average month before Foundry onboarding. Foundry starts Nov '25. The highest month reaches 5.3x the pre-Foundry average. A data table follows this chart. 0x 2x 4x 6x Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26
Monthly Revenue, Whole Portfolio
MonthRevenue vs average pre-Foundry month
Nov 20240.4x
Dec 20240.3x
Jan 20250.3x
Feb 20250.3x
Mar 20250.5x
Apr 20250.8x
May 20251.3x
Jun 20252.1x
Jul 20252.9x
Aug 20252.1x
Sep 20251.1x
Oct 20250.9x
Nov 20250.8x
Dec 20250.7x
Jan 20260.6x
Feb 20260.6x
Mar 20261.1x
Apr 20261.5x
May 20262.3x
Jun 20264.1x
Jul 20265.3x
Monthly stay-date revenue, Nov 2024 to Jul 2026, indexed to the average pre-Foundry month (1x).
Including Every Listing Added

Year Over Year, Whole Portfolio

Joe revenue before and after Foundry Bar chart comparing 9-month stay-date revenue for Joe: $2.3M in the 9 months before Foundry onboarding versus $4.3M in the 9 months after, a +89% increase. A data table follows this chart. $2.3M Before Foundry Nov 2024 to Jul 2025 $4.3M After Foundry Nov 2025 to Jul 2026 +89%
Year Over Year, Whole Portfolio
WindowRevenueOccupancy
Before Foundry (Nov 2024 to Jul 2025)$2.3M60.3%
After Foundry (Nov 2025 to Jul 2026)$4.3M58.7%
Comparing the same 9 calendar months (Nov-Jul) before and after Foundry onboarding, stay-date revenue.

Joe’s 2024 was brutal. Two hurricanes forced him to shut down nine of his listings, and he lost his two best short-term rentals. By the time he handed pricing to Foundry in November 2025, many of the homes under his management had been with him less than a year, and the local market was down about 13.5% year over year.

How we measure this

Joe kept signing homes through 2026. To isolate what pricing did on its own, this case study compares only the 40 homes with a full year of history on both sides: the same houses, the same calendar months, one year apart, in a falling market. The whole-portfolio number is below, and it shows what the two did together.

What we did

  • Tiered length-of-stay rules that ask for 30-night stays far out, step down through 21, 14, and 7 nights as dates approach, then open to 2-night stays inside two weeks
  • Gap-filling, so even a 3-night hole between long bookings stays sellable
  • Market-responsive rates through a soft, post-hurricane coastal market

Results, same homes only

Comparing the same nine calendar months a year apart, November through July, the same 40 homes went from $1.4M to $1.6M. That is up 14%, while the market around them fell 13.5%. Holding flat would have been outperformance. Growing through it is the story.

  • Same-home revenue up 14% in a market down 13.5%
  • $200K in added revenue on identical homes
  • Below: the whole-portfolio picture, including every home Joe added

The whole portfolio

Joe signed new homes throughout the rebuild, and each one joined the same pricing system on day one, so none of them spent a season finding their rate. Including every home PriceLabs tracks today, revenue went from $2.3M to $4.3M across the same nine-month windows, in a market that was falling.

Where they are now

PriceLabs tracks 97 listings today, with multi-unit buildings counted per bookable unit. Joe signed three more homes in June alone, including a five-bedroom. We price each one from day one.

“The changes that you did definitely got those ones filled back up. And it seems to have calmed the nerves of a lot of my homeowners.”

- Joe

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