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AirDNA Data: US New York Saranac Lake

How is Saranac Lake performing?

74

Good
Market Score

94

Investability

32

Rental Demand

41

Revenue Growth

34

Seasonality

55

Regulation

Annual Revenue

$27.8K

+3%

past year

Occupancy Rate

47%

+4%

past year

Average Daily Rate

$371.9

+3%

past year

Revenue per Available Rental (RevPAR)

$179

+6%

past year

Saranac Lake Performance Details

Total available listings

379

+3%

past year

Listings by rental channel

Channel

Airbnb (63%)

Vrbo (15%)

Both (22%)

Listings by rental size

Bedrooms

1 Bedroom (34%)

2 Bedroom (23%)

3 Bedroom (24%)

4 Bedroom (9%)

5+ Bedroom (10%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (24%)

91-180 nights (26%)

181-270 nights (20%)

271-365 nights (30%)

Listings by rental type

Type

Entire Home (89%)

Private Room (11%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (17.0%)

Moderate (53.2%)

Strict (26.3%)

Super Strict (3.5%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (38.3%)

3 Nights (25.1%)

4-6 Nights (4.5%)

7-29 Nights (5.3%)

30+ Nights (26.9%)

What amenities do listings have?

Internet

98%

Wireless Internet

96%

Parking

94%

Heating

92%

Kitchen

85%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Cochran's Cabins
16-0.1%131
4.81
Evolve
60.0%143
4.79
Cochran’s Cabins & Kiwassa Lake Suites
60.2%48
4.90

Occupancy

Occupancy Rate

47%

+5%

past year

Booking lead time
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Length of stay
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What 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

$2,783,588

+5%

past year

How 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)

$47

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What 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

$47

-7%

past year

Weekend revenue per available rental (RevPAR)
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What 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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