How is Lake Placid performing?
63
Good
100
Investability
40
Rental Demand
16
Revenue Growth
27
Seasonality
59
Regulation
Annual Revenue
$37.8K
+3%
past year
Occupancy Rate
40%
+4%
past year
Average Daily Rate
$416.6
+3%
past year
Revenue per Available Rental (RevPAR)
$193.9
+6%
past year
Lake Placid Performance Details
Total available listings
1,993
+3%
past year
Listings by rental channel
Airbnb (53%)
Vrbo (28%)
Both (19%)
Listings by rental size
1 Bedroom (21%)
2 Bedroom (26%)
3 Bedroom (21%)
4 Bedroom (17%)
5+ Bedroom (15%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (61%)
91-180 nights (9%)
181-270 nights (12%)
271-365 nights (19%)
Listings by rental type
Entire Home (93%)
Private Room (7%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (9.2%)
Moderate (37.7%)
Strict (40.8%)
Super Strict (12.2%)
Listings by Minimum Stay
1 Night (7.2%)
2 Nights (41.7%)
3 Nights (20.4%)
4-6 Nights (7.2%)
7-29 Nights (5.2%)
30+ Nights (18.4%)
What amenities do listings have?
Parking
88%
Wireless Internet
86%
Kitchen
86%
Heating
85%
Tv
84%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Cochran’s Cabins & Kiwassa Lake Suites | 57 | 0.1% | 1400 | 4.85 |
Engel & Völkers Lake Placid Real Estate | 39 | 0.4% | 309 | 4.81 |
LastHoorah! Resort Destinations | 21 | 0.1% | 358 | 4.95 |
Trio Technology, LLC | 10 | 0.1% | 603 | 4.64 |
Evolve | 6 | -0.1% | 273 | 4.82 |
Occupancy
Occupancy Rate
40%
+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
$3,775,887
+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)
$40
+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
$40
-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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