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Case Study

Owl Stays

Kansas City, MO

When we began working with Alex in 2024, Owl Stays had a clear strength, steady portfolio growth, with room to capture more revenue across its expanding footprint. With RPM in place, the portfolio went from $617K in the twelve months before onboarding to $1.97M in the most recent twelve, with occupancy up 19.5 points on a near-stable listing count.

Before RPM
$617K
After RPM
$2M
Growth
220%
Dec 2023 to Nov 2024 vs Jun 2025 to May 2026, stay-date revenue
Occupancy climbed from 55.5% to 75.0%, up 19.5 points, on a near-stable portfolio
From $617K in the twelve months before RPM to $1.97M in the most recent twelve, all actual stay-date revenue
May 2026 revenue came in 62% above May 2025, still compounding in year two
Verified Results

Results in Numbers

Monthly Revenue

Owl Stays monthly revenue Bar chart of monthly stay-date revenue for Owl Stays from Dec '23 to May '26, indexed to the average month before RPM onboarding. RPM starts Dec '24. The highest month reaches 4.4x the pre-RPM average. A data table follows this chart. 0x 1x 2x 3x 4x 5x RPM starts Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26
Monthly Revenue
MonthRevenue vs average pre-RPM month
Dec 20230.5x
Jan 20240.4x
Feb 20240.5x
Mar 20240.6x
Apr 20240.8x
May 20241.2x
Jun 20241.3x
Jul 20241.2x
Aug 20241.0x
Sep 20241.1x
Oct 20241.8x
Nov 20241.6x
Dec 20241.8x
Jan 20251.4x
Feb 20251.5x
Mar 20252.0x
Apr 20252.1x
May 20252.7x
Jun 20253.1x
Jul 20253.1x
Aug 20252.7x
Sep 20252.7x
Oct 20253.2x
Nov 20252.9x
Dec 20253.3x
Jan 20262.6x
Feb 20262.7x
Mar 20263.8x
Apr 20263.8x
May 20264.4x
Monthly stay-date revenue, Dec 2023 to May 2026, indexed to the average pre-RPM month (1x).

Year Over Year

Owl Stays revenue before and after RPM Bar chart comparing 12-month stay-date revenue for Owl Stays: $617K in the 12 months before RPM onboarding versus $2M in the 12 months after, a +220% increase. A data table follows this chart. $617K Before RPM Dec 2023 to Nov 2024 $2M Last 12 Months Jun 2025 to May 2026 +220%
Year Over Year
WindowRevenueOccupancy
Before RPM (Dec 2023 to Nov 2024)$617K55.5%
After RPM (Jun 2025 to May 2026)$2M75.0%
Comparing the 12 months before RPM onboarding (Dec 2023 to Nov 2024) with the most recent 12 months (Jun 2025 to May 2026), stay-date revenue.

Steady Growth, Untapped Revenue

When we began working with Alex in 2024, Owl Stays had a clear strength, steady portfolio growth, with room to capture more revenue across its expanding footprint. The units were well-run, but with the owner juggling multiple priorities and a team already spread thin, pricing wasn’t getting the dedicated attention a growing portfolio needs.

The RPM Partnership

Owl Stays signed on in November 2024 and RPM went live that December, starting with a full cleanup of the PriceLabs account so pricing decisions ran on clean data. The strategy was deliberate: fill the buildings first, then push rate. Kansas City is an event-driven market, so the playbook leaned on NFL weekends, longer booking windows for high-demand dates, and weekday occupancy that the old weekend-heavy calendar left on the table.

“We’re definitely pro-occupancy at the moment versus pro-revpar. Because we want to show to the owners that we can fill the building quickly.”

  • Alex Repsholdt, Founder

Occupancy First, Then Everything Else

In the twelve months before RPM, December 2023 through November 2024, the portfolio did $617K in stay-date revenue at 55.5% occupancy. The most recent twelve months, June 2025 through May 2026, brought $1.97M at 75.0% occupancy. That is 220% revenue growth and $1.36M added, with occupancy up 19.5 points. One honest caveat: Owl Stays was still onboarding units through 2024, so the early baseline months reflect a smaller portfolio. Since signing, though, the listing count has been near stable, 46 at signing to 51 today, which is why the occupancy gain is the real story. And the growth is still compounding: May 2026 came in 62% above May 2025.

Outperforming a Crowded Market

When the 2026 World Cup came to Kansas City, most of the market overpriced the group stage and then slashed rates. Owl Stays had extended booking windows months earlier and locked in demand in advance. By early June 2026 the portfolio was at 61% occupancy for the month against a market at 36%, a market penetration index of 168%.

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

  • Alex Repsholdt, Founder

Scale Without Sacrifice

Alex’s focus hasn’t shifted; Owl Stays is still about smarter stays and smarter management, and he’s now using these results to win more management contracts. With RPM in place, the business has the revenue systems to match its growth ambitions.

“RPM gave us the revenue systems to match our growth ambitions.”

  • Alex Repsholdt, Founder
Alex Repsholdt, Founder of Owl Stays
Alex Repsholdt, Founder of Owl Stays

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