Airbnb's Impact in Lake Placid

Airbnb's Economic Impact in New York

Hosting on Airbnb creates an additional income stream for hosts, fuels visitor spending in communities, supports jobs across multiple industries and contributes substantial tax revenue for local governments.

$3B+

In Total Economic Contribution to GDP1

$900M+

In Total Tax Revenue1

33,000+

Total Jobs Supported1

Estimated economic impact figures listed are for New York. Learn more about the economic impact methodology.

Host Community Snapshot

Understanding the motivations and demographics of hosts on Airbnb

77%

of hosts confirm hosting on Airbnb is not their primary occupation2

Metrics listed above are for New York

55%

of hosts say hosting on Airbnb allows them to meet the rising cost of living2

Metrics listed above are for New York

51%

of hosts confirm hosting on Airbnb has helped them stay in their home2

Metrics listed above are for New York

48%

of hosts self-report having a total annual household income below $100K2

Metrics listed above are for New York

63%

of hosts self-identify as women3

33%

of hosts self-report being over 60 years of age3

$16,000+

Typical annual earnings for hosts4

Metrics listed above are for New York

Guest Community Snapshot

Understanding why guests traveling to Lake Placid choose Airbnb.

20%

of guests traveling with children: trips with at least one child or infant on the reservation3

25%

of guests who say their trip could not have been accommodated by hotels2

Metrics listed above are for New York

76%

of guests whose trip originated within 300 miles of their destination5

Guest Origins5

  1. New York City, New York, United States
  2. Rochester, New York, United States
  3. Clifton Park, New York, United States
  4. Albany, New York, United States
  5. Saratoga Springs, New York, United States

1 as of December 31 2025

2 Self reported through a survey to the Airbnb community from July 2025 through June 2026

3 Self reported on Airbnb Platform as of June 30 2026

4 Airbnb data for 2025, "typical" means median

5 Airbnb trip data for 12 month period ending June 30 2026

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