How is Lake Placid performing?
43
Okay
100
Investability
24
Rental Demand
33
Revenue Growth
20
Seasonality
38
Regulation
Annual Revenue
$40.1K
+3%
past year
Occupancy Rate
48%
+4%
past year
Average Daily Rate
$461.2
+3%
past year
Revenue per Available Rental (RevPAR)
$214.9
+6%
past year
Lake Placid Performance Details
Total available listings
1,052
+3%
past year
Listings by rental channel
Airbnb (48%)
Vrbo (21%)
Both (31%)
Listings by rental size
1 Bedroom (24%)
2 Bedroom (30%)
3 Bedroom (19%)
4 Bedroom (13%)
5+ Bedroom (14%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (20%)
91-180 nights (22%)
181-270 nights (22%)
271-365 nights (36%)
Listings by rental type
Entire Home (92%)
Private Room (8%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (5.0%)
Moderate (55.7%)
Strict (30.1%)
Super Strict (9.3%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (45.3%)
3 Nights (23.7%)
4-6 Nights (4.2%)
7-29 Nights (2.7%)
30+ Nights (24.1%)
What amenities do listings have?
Internet
99%
Wireless Internet
95%
Parking
90%
Kitchen
89%
Heating
89%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Adirondack By Owner | 59 | 0.0% | 1345 | 4.83 |
Engel & Völkers Lake Placid Real Estate | 38 | -0.1% | 357 | 4.82 |
VRHOST | 37 | 0.0% | 72 | 4.87 |
Lake Placid Accommodations | 36 | 1.3% | 261 | 4.85 |
LastHoorah! Resort Destinations | 21 | 0.2% | 394 | 4.97 |
Occupancy
Occupancy Rate
48%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$4,009,548
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow much revenue did listings earn per month?
Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$48
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat was the average daily rate?
Average daily rate over the last 5 years
-3%
past year
2023
2022
2021
2020
2019
2018
Revenue per available rental (RevPAR)
Revenue per available rental
$48
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
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