$50k+ Above Projections - Here's How Nick Did It

"The projected annual revenue was $175K...we'll be hitting $260K this year."

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We met Nick early in his journey of launching Casa Monstera. As a true go-getter, Nick sought the best-in-class technology and revenue management. Initially, Casa Monstera was managed on Hospitable’s PMS with limited distribution, restricted to Airbnb. Our goal at Synchronest was to assist Nick in enhancing the visibility of Casa Monstera and implementing the best strategy to help it perform at its full potential.

"The property's performing at the top 1%."

9.5X

ROI

42.2%

Increase in Revenue

41%

RevPAR Lift

467%

Increase in Clicks

467%

Click-to-Conversion Increase

"When I initially underwrote the property using Air DNA, the projection was $175,500 a year. In our first year of launching, running and managing Casa Monstera, the property performed and grossed $223,000 in year one. We are now in our second full year and the property will easily get to $260,000 in gross revenue. The property is performing at the top 1% of a crowded market in South Florida.

Coburn is meticulous and patient in taking years of intellectual capital managing properties to share what has worked, what is working currently, and what you should be doing to increase revenue to outperform the competition. "