Airbnb Market Analytics, Statistics and Data in Town of Lake Luzerne, New York, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Town of Lake Luzerne? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Town of Lake Luzerne:
How much do Airbnb hosts make on average per month in Town of Lake Luzerne?
The short-term rental market in Town of Lake Luzerne shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $3,157 per month
- Strong performing properties (top 25%) make $6,116 or more
- Best-in-class properties (top 10%) achieve $8,923+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,434
Revenue Variations by Month
Occupancy Rates Throughout the Year in Town of Lake Luzerne
The market in Town of Lake Luzerne shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 30% occupancy rates
- Strong performing properties (top 25%) achieve 52% or higher
- Best-in-class properties (top 10%) reach 68%+occupancy
- Entry-level properties (bottom 25%) average around 15%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Town of Lake Luzerne
Daily rates in Town of Lake Luzerne vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $281 per night
- Strong performing properties (top 25%) secure $362 or more
- Best-in-class properties (top 10%) pull in $527+ per night
- Entry-level properties (bottom 25%) earn around $189
Daily Rate Variations by Month
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Explore Real-time Analytics
Seasonality patterns in Town of Lake Luzerne
Peak Season (July, August, June)
- Revenue peaks at $6661.28 per month
- Occupancy rates reach 60.04%
- Daily rates average $342.84
Shoulder Season
- Revenue averages $4356.05 per month
- Occupancy maintains 35.74%
- Daily rates hold at $310.75
Low Season (November, December, January)
- Revenue drops to $1785.98 per month
- Occupancy decreases to 23.81%
- Daily rates adjust to $288.11
Is it still profitable to do Airbnb in Town of Lake Luzerne in 2025?
Yes! Town of Lake Luzerne demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 36% and strong monthly revenue averaging $4356 and The market's 104 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Town of Lake Luzerne
Area | Why Choose This Area | Key Attractions |
---|---|---|
Lake Luzerne | A beautiful area surrounded by nature, Lake Luzerne offers a charming small-town experience for visitors seeking relaxation and outdoor activities. | Lake Luzerne Beach, Hiking trails, Kayaking and canoeing, Picnic areas, Local shops and cafes |
Amity Pond | A peaceful retreat known for its scenic pond and lush greenery. Attracts nature lovers and families looking for a quiet getaway. | Fishing, Bird watching, Nature walks, Scenic views |
Luzerne County Park | A local gem that features recreational facilities and is ideal for families and groups looking to enjoy outdoor activities in a park setting. | Playgrounds, Sports fields, Walking trails, Picnic areas |
Baker Mountain | This area is great for hikers and outdoor enthusiasts, providing stunning views and an immersive nature experience. | Hiking trails, Scenic overlooks, Wildlife viewing |
Harrison Avenue | A quaint street lined with local boutiques and eateries, perfect for guests looking to experience the local culture and dining scene. | Unique shops, Cafes and restaurants, Art galleries |
Katherine's Trail | An inviting trail ideal for walking and biking, attracting fitness enthusiasts and those who enjoy outdoor activities in a serene environment. | Walking and biking paths, Scenic views, Wildflower sightings |
Town of Lake Luzerne Historical Society | A place rich in history, it attracts visitors interested in learning about the local heritage and culture. | Historical exhibits, Local events, Guided tours |
Lake Luzerne's Seasonal Festivals | Hotels and rentals nearby can benefit from the influx of visitors during seasonal events and festivals. | Summer festivals, Cultural events, Live music and entertainment |
Do you need a license for Airbnb in Town of Lake Luzerne?
We recommend checking directly with Town of Lake Luzerne's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Town of Lake Luzerne
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Family reunion ready Wonderful 2-house compound.
Entire Place • 6 bedrooms
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ADK Beach House
Entire Place • 4 bedrooms
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Luxury Cabin Sleeps 4 to 7 - mins to Lake George
Entire Place • 3 bedrooms
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Rustic Cabin in Lake Luzerne - Smith Mtn House
Entire Place • 4 bedrooms
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Uncle Joe's Winter Wonderland lakefront cabin
Entire Place • 3 bedrooms
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Brand New Modern Riverfront Retreat !
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Town of Lake Luzerne
Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
---|---|---|---|---|
Mary | 13 | $554,849 | 168 | 4.88/5.0 |
Rosanna | 3 | $366,122 | 174 | 4.94/5.0 |
Jeff | 2 | $201,388 | 44 | 4.97/5.0 |
Margaret | 19 | $156,903 | 505 | 3.88/5.0 |
Evolve | 6 | $136,414 | 70 | 3.85/5.0 |
Debra | 1 | $129,000 | 15 | 5.00/5.0 |
583715732 | 7 | $114,958 | 0 | 0.00/5.0 |
Michelle | 1 | $105,815 | 26 | 5.00/5.0 |
Shawn | 2 | $96,239 | 141 | 4.63/5.0 |
Kimberly | 1 | $91,092 | 65 | 4.95/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Town of Lake Luzerne
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (91.3%), with house and outdoor & mobile properties comprising 90.3% of inventory
- Strong specialty sector (43.2%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in apartment & condo segments (2.9% combined)
Room Capacity Distribution
Analysis of 104 properties in Town of Lake Luzerne shows that 2 bedrooms properties are most prevalent, making up 31.7% of the market. The market tends to favor smaller properties, with 2 bedrooms and 3 bedrooms together representing 54.8% of all listings.
Key Insights
- Most common: 2 bedrooms (31.7%)
- Least common: 5+ bedrooms (7.7%)
- Market concentration: 54.8% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 104 properties in Town of Lake Luzerne reveals that 8+ guests properties dominate the market, representing 26.9% of all listings. The average property accommodates 5.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 49.0% of the market.
Key Insights
- Most common capacity: 8+ guests (26.9% of market)
- Least common capacity: 3 guests (1% of market)
- Average guest capacity: 5.4 guests per property
- Market concentration: 49.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 104 properties in Town of Lake Luzerne, the most common availability pattern is 271-366 days (53.8% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (35.6% of properties).
Key Insights
- Most common availability window: 271-366 days (53.8%)
- Most common booking duration: 91-180 days (35.6%)
- Properties with high availability (180+ days): 88.5%
- Properties with long-term bookings (180+ days): 13.5%
Minimum Stay Distributions
1 Night
30 listings
31.3% of total
2 Nights
47 listings
49% of total
3 Nights
9 listings
9.4% of total
4-6 Nights
2 listings
2.1% of total
7-29 Nights
1 listings
1% of total
30+ Nights
7 listings
7.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 80.3%
- Mid-length stays (4-6 nights) represent 2.1% of listings
- Monthly+ stays (7.3%) suggest a stable extended-stay market
- High market flexibility with 89.7% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
7 listings
8% of total
Flexible
1 listings
1.1% of total
Moderate
10 listings
11.4% of total
Firm
13 listings
14.8% of total
Strict
57 listings
64.8% of total
Key Insights
- Strict is the preferred policy at 64.8% of listings
- Stricter policies (Firm & Strict) dominate at 79.6% of the market
- Strong market consensus around Strict policies
- Flexible policies are least common at 1.1% of listings
Recommendations
- The market supports stricter policies, with 79.6% using Firm or Strict terms
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, May, Jun, averaging 114 days
- Shortest booking windows are in Nov, Dec, Jan, averaging 41 days
- Summer shows the longest average booking window at 110 days, while Winter has the shortest at 44 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 110 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Nov-Jan when lead times are shortest
Popular Airbnb Amenities in Town of Lake Luzerne
Every property in Town of Lake Luzerne comes standard with Free parking on premises. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 95.2% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (2%) and United Kingdom (1.2%)
- English is the top language at 78.4%, followed by Spanish (11.2%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.3%
Recommendations
- Target marketing campaigns for New York and New Jersey markets
- Develop localized content for Canada and United Kingdom
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Town of Lake Luzerne. These nearby markets offer diverse opportunities for property investors and hosts:
Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
---|---|---|---|---|
Middletown Springs | 11 | $8,930 | $561.90 | 38% |
Town of Stuyvesant | 11 | $6,822 | $515.82 | 41% |
Town of Niskayuna | 11 | $6,323 | $506.30 | 47% |
Fort Ann | 26 | $6,226 | $760.85 | 39% |
Stony Creek | 11 | $5,934 | $497.96 | 43% |
Pomfret | 15 | $5,871 | $468.17 | 51% |
Town of Stillwater | 57 | $5,703 | $557.00 | 44% |
Cooperstown | 12 | $5,506 | $856.11 | 38% |
Jewett | 55 | $5,449 | $472.54 | 35% |
Hanover | 25 | $5,431 | $761.11 | 37% |
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