That gives us something rare: a clean side by side read. The six units that moved and the six Pacer still manages sit in the same two buildings, are the same floor plan, and face the same Nashville demand. This is what the first full quarter shows.
Benchmarking these six against the Nashville market would not tell you much, because market averages blend studios, condos, and downtown high rises. Instead we compared them against their own neighbors: the six units in the same two buildings that stayed with Pacer. Same floor plan, same owner profile, same guest demand, same calendar.
| 1712 8th Ave South | 4BR |
| 1714 8th Ave South | 4BR |
| 1716 8th Ave South | 4BR |
| 766 Argyle | 4BR |
| 774 Argyle | 4BR |
| 776 Argyle | 4BR |
| 1706 8th Ave South | 4BR |
| 1708 8th Ave South | 4BR |
| 1710 8th Ave South | 4BR |
| 768 Argyle | 4BR |
| 770 Argyle | 4BR |
| 772 Argyle | 4BR |
The baseline period is January through April 2026, when Pacer priced all twelve. The comparison period is May through July, the first full quarter after the transition. Anything that shows up as a difference between the two groups after May is attributable to how they were priced, not to the market.
Source: Pacer (prod), KeyData-adjusted unit metrics. Room rent only, excludes fees and tax.
Spring into summer lifts everything in Nashville, so growth on its own means little. We measure this in dollars added per available night rather than percentages, because the units that moved started from a higher base and a percentage comparison would penalize them for that. On that basis they added roughly $50 per night; the units Pacer kept added $53.
Why the retained side is two units, not six. Only 1708 8th Ave South and 768 Argyle were live and stable across all seven months. Three of the others came online in February and March 2026, so they carry almost no availability in the baseline period and full availability in the comparison period, which would overstate their gain. The sixth, 770 Argyle, has been blocked in the PMS since late June for owner work and is therefore not sellable inventory. Including any of the four would compare two different sets of units across the two periods. A two-unit benchmark is thin, and we would rather say so than quote a number we cannot stand behind.
On percentages. The units that moved began the period at $107 per night against $95 for the retained pair. A higher starting point makes percentage growth harder to achieve, so the percentage gap overstates the difference. Dollars added per night is neutral to the starting point and it is what we lead with above.
Source: Pacer (prod), KeyData-adjusted. Cohort defined below. RevPAR calculated as room rent divided by adjusted available nights.
Both groups moved from the same January to April baseline into the same summer. They got there differently. The transitioned units were repriced upward and gave back volume; the retained units held rate closer to flat and filled more of the calendar. Each column below shows that group's own before and after, side by side.
Both routes to RevPAR are legitimate. Pushing rate and accepting fewer nights is a real strategy, and in a strong summer it can be the right one. In this window the occupancy route captured slightly more per available night. The transitioned units still finished ahead on absolute RevPAR, $156 against $148, because they started ahead.
Source: Pacer (prod), KeyData-adjusted. Retained column is the same-store cohort, 1708 8th Ave South and 768 Argyle. Occupancy is paid guest nights over adjusted available nights, net of owner, hold, and maintenance nights.
If the six units that moved had added the same dollars per night the same-store retained units did, this is the difference. It is real money and it is also a small number. We are deliberately quoting the conservative figure rather than the larger one a percentage comparison would produce.
Source: Pacer (prod). Counterfactual applies the same-store retained dollar gain per available night to the moved group, over 547 adjusted available nights.
We would rather hand you the limitations than let you find them later. Three things keep this from being conclusive, and all three resolve with time.
Nashville books weeks to months ahead. A large share of May and June stays were on the calendar before May 6, which means part of the result still reflects pricing decisions Pacer made. The first quarter that is fully independent of us is the fourth quarter.
At the May 6 handover the six transitioned units already held about $8,636 per unit in bookings for May through October, against roughly $7,684 per unit on the retained units. They started about 12% fuller, which leaves less open inventory to sell into. Some of the smaller pickup is that headroom difference rather than a difference in pricing.
At this size, a single strong group booking or one owner block moves the average. The units that moved still finished the period ahead of their neighbors on absolute RevPAR. What we are measuring is a narrowing of that lead, not a reversal of it.
Isolating only reservations made after May 6, the moved units booked about $18.4K per unit against $17.7K for the retained units. The difference shows up in the RevPAR trend, not in raw booking volume. We are reporting the honest version of that.
Questions on any number here, or want the underlying month by month detail? Alisa has the full pull, or reach us at contact@pacerrev.com.