West Yellowstone had a hard summer. The bedroom-matched market added supply and lost 9.0 points of occupancy, finishing with rent per available night down 7.2% and total revenue per available night down 8.1%. Casago Yellowstone grew on both, and gave up barely a point of occupancy while the market gave up nine.
Supply grew around this portfolio and demand did not keep up. Every measure of the surrounding market moved backwards. Against that, Casago Yellowstone raised both rent and total revenue per available night, and held occupancy nearly flat while the market shed nine points of it.
12-unit same-store cohort, May 1 to August 31, 2026 against the same window in 2025. All figures are per adjusted available night, net of owner stays and maintenance holds. One property listed three separate ways is excluded, since those listings share availability and would be triple counted. Market is Key Data comp sets matched to each unit's own bedroom count, on the same adjusted basis.
When a market loses nine points of occupancy, the default outcome is to lose them with it. This portfolio gave up barely one, which is what kept rate from having to be discounted to chase the shortfall.
Rent per available night rose while the comp set fell 7.2%. In a softening market that gap is the whole job: most operators discount into the decline and give up both.
At this size a single property moves the whole book, so pricing decisions are made per home and per date rather than by portfolio-wide rule.
Every per-night figure divides by nights the home was actually sellable, net of owner stays and maintenance holds, matching how Key Data builds its adjusted metrics.
12 units with real availability in both summers. Units that joined or left the program are excluded, as is one property listed three ways whose listings share availability.
May 1 to August 31, complete in both years, compared against the identical calendar window. No forward book or partial month is included.
Pacer is a preferred revenue management partner to the Casago franchise network. We will benchmark your portfolio against bedroom-matched market performance and show you what is recoverable, before you make any commitment.
Request a portfolio audit