How is Lake Placid performing?
69
Good
100
Investability
69
Rental Demand
65
Revenue Growth
49
Seasonality
64
Regulation
Annual Revenue
$35.9K
+3%
past year
Occupancy Rate
45%
+4%
past year
Average Daily Rate
$477.1
+3%
past year
Revenue per Available Rental (RevPAR)
$197.8
+6%
past year
Lake Placid Performance Details
Total available listings
944
+3%
past year
Listings by rental channel
Airbnb (41%)
Vrbo (14%)
Both (45%)
Listings by rental size
1 Bedroom (29%)
2 Bedroom (26%)
3 Bedroom (20%)
4 Bedroom (14%)
5+ Bedroom (12%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (11%)
91-180 nights (12%)
181-270 nights (11%)
271-365 nights (65%)
Listings by rental type
Entire Home (91%)
Private Room (9%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (7.6%)
Moderate (29.7%)
Strict (42.4%)
Super Strict (20.3%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (43.1%)
3 Nights (22.0%)
4-6 Nights (3.9%)
7-29 Nights (2.9%)
30+ Nights (28.1%)
What amenities do listings have?
Internet
96%
Wireless Internet
95%
Heating
89%
Parking
89%
Kitchen
86%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Adirondack By Owner | 73 | 0.2% | 1814 | 4.83 |
Lake Placid Accommodations | 35 | 0.0% | 357 | 4.86 |
Engel & Volkers Lake Placid Real Estate | 31 | -0.2% | 437 | 4.86 |
Merrill L Thomas Inc | 23 | 0.1% | 39 | 4.79 |
LastHoorah! Resort Destinations | 21 | 0.0% | 505 | 4.97 |
Excellent
4.8(687 reviews)
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Lake Placid Occupancy Data
Occupancy Rate
45%
+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
Lake Placid STR Revenue Data
Average revenue
$3,594,065
+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)
$45
+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
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