PMI side-by-side against the Luxe book, normalized for bedroom mix so the comparison is apples to apples. PMI runs a condo-heavy portfolio (89% of units are 1 to 2 bedrooms) with a strong guest reputation and per-bedroom yield below where Luxe already operates.
| Metric | PMI Maui (target) | Luxe Maui (acquirer) | Luxe advantage |
|---|---|---|---|
| Listings | 75 | 36 | |
| Occupancy | 61% | 69% | +8 pts |
| ADR | $400.37 | $485.71 | +21% |
| RevPAR | $244.23 | $335.14 | +37% |
| Weighted avg bedrooms | 1.66 | 2.03 | |
| RevPAR per bedroom | $147.12 | $165.09 | +12.2% |
| Revenue per bedroom per listing | $38,876 | $50,293 | +29% |
| Guest rating (reviews) | 4.89 (8,413) | 4.89 (2,261) |
About the data. Built from AirDNA's Property Manager analysis plus bedroom counts pulled from each manager's public Airbnb listings (71 of 75 PMI units counted, 32 of 36 Luxe). AirDNA aggregates Airbnb, VRBO, and direct listings, so listing counts and revenue can differ 5 to 15% from internal PMS numbers. Treat everything here as directionally accurate and useful for comparison, not as audited financials.
The reputation is the moat
8,413 reviews at 4.89 is 112 per listing, one of the deepest review bases on the island. Durable listing equity that transfers with the book.
The book is sound, the yield is not
Healthy occupancy, solid ADR, deep demand. The gap shows up per bedroom: $147 vs. the $165 Luxe runs today. A yield execution gap, not an inventory problem.
The gap is the deal
Luxe runs $165 per bedroom on a bigger-bedroom book in the same market. Buying PMI means acquiring revenue at a yield level Luxe already operates above.
Recoverable upside on PMI's $4.84M trailing base, modeled as lift bands. Parity simply brings PMI's per-bedroom yield to where Luxe operates today.
| Scenario | Basis | RevPAR lift | Incremental annual revenue |
|---|---|---|---|
| Conservative | Baseline yield hygiene on the acquired book | +5% | ~$242K |
| Moderate | Structured rate calendar, LOS and gap-night strategy | +8% | ~$387K |
| Parity with Luxe | PMI reaches Luxe's current per-bedroom yield | +12.2% | ~$591K |
| Pacer client median | 18% median RevPAR lift, clients with us 12+ months | +18% | ~$871K |
Sized from data, not a promise. Diligence should verify against PMI's actual trailing financials, owner contract terms, and unit-level churn before underwriting any scenario.