How is Lake Placid performing?
50
Okay
100
Investability
26
Rental Demand
33
Revenue Growth
19
Seasonality
45
Regulation
Annual Revenue
$40.5K
+3%
past year
Occupancy Rate
48%
+4%
past year
Average Daily Rate
$462.1
+3%
past year
Revenue per Available Rental (RevPAR)
$216.1
+6%
past year
Lake Placid Performance Details
Total available listings
1,047
+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 (20%)
181-270 nights (25%)
271-365 nights (35%)
Listings by rental type
Entire Home (92%)
Private Room (8%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (4.7%)
Moderate (55.1%)
Strict (30.9%)
Super Strict (9.2%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (43.8%)
3 Nights (24.5%)
4-6 Nights (4.3%)
7-29 Nights (2.9%)
30+ Nights (24.5%)
What amenities do listings have?
Internet
99%
Wireless Internet
95%
Parking
90%
Kitchen
89%
Heating
88%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Adirondack By Owner | 60 | 0.1% | 1448 | 4.83 |
Engel & Völkers Lake Placid Real Estate | 38 | -0.1% | 358 | 4.82 |
VRHOST | 37 | 0.0% | 74 | 4.87 |
Lake Placid Accommodations | 36 | 1.3% | 261 | 4.85 |
LastHoorah! Resort Destinations | 21 | 0.2% | 399 | 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
$4,047,310
+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
Smart Investments Happen Here
AirDNA’s powerful yet easy-to-use tools make hosting and investing a breeze.
This means having every insight you need, all in one place, always up-to-date.
Start exploring for free