The Chestnut Inn

What The Chestnut Inn does

The Chestnut Inn is a historic lakeside resort and restaurant located at 498 Oquaga Lake Road in Deposit, NY, on 400 feet of waterfront in the Catskills region. Originally opened in 1927 as Hotel Monoquaga and renamed in 1989 by the Maines family, the property features 17 guest rooms and suites built largely with now-extinct American Chestnut wood. It closed for more than a decade before an extensive renovation and grand reopening in July 2023 under Settlers Hospitality, a multi-property management group headquartered in Hawley, PA. The Chestnut Inn operates seasonally, closing each year from January through April.

The property operates three integrated service lines: accommodations (standard rooms, lake view suites, and ADA-compliant rooms), food and beverage (a waterfront restaurant and the Chestnut Tavern offering French-accented American cuisine with themed weekly events such as Burger & Brew Night and Prime Rib Fridays), and events (weddings for up to 200 guests in a lakeside tented venue, plus corporate retreats and private celebrations). Revenue is generated primarily through per-night room bookings, restaurant sales, event contracts, and curated packages including a Fly Fishing Getaway with Catskill Casts and Coverts, a Stay and Play package with Animal Adventure Park, a Foodie Package, and a Refresh Getaway Package. Room enhancements (Bottle of Bubbly, grazing boxes, rose arrangements, an Indulgence Trio) provide incremental on-property spend.

Distribution is predominantly direct via the hotel's own website booking engine and phone reservations, with restaurant bookings handled through Resy. The property is a member of Historic Hotels of America, inducted by the National Trust for Historic Preservation, and partners with the Delaware Highlands Conservancy on a per-reservation donation program. Marketing relies on the official website, Facebook, Instagram, TikTok, email newsletter, and cross-promotion through the Settlers Hospitality sister-property portfolio. The underlying technology stack is conventional hospitality infrastructure: a property management system, a website booking engine, WiFi connectivity, and in-room Apple TVs. There is no disclosed use of AI, proprietary software, or third-party distribution platforms such as online travel agencies.

Name

The Chestnut Inn

Legal name

The Chestnut Inn

Website

https://chestnutinnoquagalake.com

Company type

Private

Founded year

1927

Operating status

Operating

Short description

The Chestnut Inn is a historic 17-room lakeside resort and restaurant in Deposit, NY, serving leisure travelers, couples, wedding parties, and corporate groups on Oquaga Lake in the Catskills. It reopened in 2023 under Settlers Hospitality management and operates seasonally with on-site dining, weddings, and curated vacation packages.

Ownership category

akta.pro rank

Product category

Boutique Inn / Lakeside Resort

NAICS

Bed-and-Breakfast Inns (721191), Accommodation (721), Hotels (except Casino Hotels) and Motels (72111), Full-Service Restaurants (722511)

SIC

Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Boutique Inns (THAGAHAB)

akta.pro secondary industries

Historic Inns & Heritage B&Bs (THAGAHAC), Country Inns & Rural B&Bs (THAGAHAD), Hotel & Resort Restaurants (THAFACAH)

Keywords

• Lakeside resort lodging
• Historic bed breakfast
• Wedding event venue
• Waterfront dining
• Boutique inn hospitality

Headquarters

HQ city

Deposit

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Accommodation Bookings: The primary revenue stream comes from renting the 17 guest rooms and suites at The Chestnut Inn. Room rates vary by room type and season, with deposits and cancellation policies in place.
2. Restaurant and Dining: On-site restaurant serving elevated lakeside dining with French accoutrements and classic American recipes. Revenue from dinner, lunch, brunch service, and special events like Burger & Brew Night and Prime Rib Fridays.
3. Weddings and Events: Hosting weddings, showers, birthdays, and corporate gatherings at venues including the Monoquaga Room, Tented Lakeside Space (up to 200 guests), Chestnut Tavern, and Dining Room.
4. Vacation Packages: Specialized packages including Fly Fishing Getaway, Buy One Get One Free offers, Refresh Getaway Package, Stay and Play Package (with Animal Adventure), and Foodie Package.
5. Enhancements and Add-ons: Room enhancements such as bottle of bubbly, bites & board, blooming rose arrangements, grazing boxes, and indulgence trio delivered to rooms.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

The Chestnut Inn operates a 17-room historic lakeside inn on Oquaga Lake in Deposit, New York, originally opened in 1927 as Hotel Monoquaga and renamed after restoration. It provides overnight accommodations, on-site waterfront dining at The Waterfront Restaurant, a tavern, wedding and meeting event hosting, and curated getaway packages such as fly fishing, foodie, and stay-and-play experiences.

Product overview

The Chestnut Inn is a historic lakeside bed and breakfast offering a unified hospitality experience centered around 17 guest rooms and dining services. The property operates three interconnected service lines: Accommodations (rooms ranging from standard queen to lakefront king suites with ADA-compliant options), Food & Beverage (the waterfront restaurant, Chestnut Tavern, and private dining room serving French-accented American cuisine), and Events (weddings for up to 200 guests, corporate retreats, and meetings). The inn also offers several add-on packages including fly fishing experiences, dining credits, attraction partnerships, and room enhancement amenities. The property spans 400 feet of waterfront on Oquaga Lake in the Catskills, originally opened in 1927 and built primarily with American Chestnut wood.

Differentiator

Problem solved

Functional benefit

Products and services

• Overnight Accommodations Lodging product: 17 individually decorated guest rooms across multiple categories (Deluxe Lake View, Deluxe, Signature, Traditional) on Oquaga Lake in Deposit, NY. Sold per night to leisure travelers, couples, families, wedding parties, and corporate groups.
• The Waterfront Restaurant On-site full-service restaurant serving New American cuisine led by Chef Matthew Nesich, with signature dishes, locally sourced ingredients, and curated beverage program. Open to overnight guests and outside diners; reservable via Resy.
• Chestnut Tavern On-site tavern/bar providing a casual food and beverage experience for overnight guests and outside visitors at the property.
• Weddings & Receptions Full-service wedding hosting covering ceremonies, receptions, rehearsal dinners, and lodging for the bridal party and guests. Sold as a venue package to engaged couples, with inquiry routing through [email protected] and The Knot/The Bash channels.
• Meetings & Retreats Off-site corporate meetings and retreats hosted on-property with on-site lodging, meeting space, and full-service catering, sold to corporate, association, and affinity groups via [email protected].
• Getaway Packages (Refresh, Stay and Play, Foodie, Fly Fishing, Buy One Get One Free) Curated multi-component packages that bundle room nights with dining, recreational activities, or partner perks. Sold as named SKUs (Refresh Getaway, Stay and Play, Foodie, Fly Fishing, Buy One Get One Free) directly to leisure travelers.
• Enhance Your Stay Add-ons Menu of optional add-ons (e.g., watercraft rental, picnic, charcuterie) sold on top of room nights to enhance the guest experience during their stay.
• Watercraft Rentals Rental of watercraft (boats/kayaks/canoes) providing guest access to Oquaga Lake from the inn's waterfront. Sold as a paid amenity during the stay.

Quantifiable outcome

• Up to 200 guests capacity for lakeside celebrations
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Catskill Casts and CovertscoreStrategic or Co-development PartnerGuided fly fishing experience partner for the Best Fly Fishing Getaway Package. Provides expert-guided trout fishing experiences along the Delaware River, combining the company's lodging and dining with the partner's fishing expertise.
• Animal Adventure ParkminorGTM or Marketing PartnerInteractive zoo partner included in the Stay and Play Package. Located in Harpursville, NY, offering hands-on experiences with over 100 species. Package includes park passes and breakfast.
• Delaware Highlands ConservancycoreStrategic or Co-development PartnerEnvironmental conservation partner through the Green Lodging Program. A $2 donation per reservation supports protection of Upper Delaware River region's lands, waters, and outdoor recreation. Guests may opt out.
• ResycoreTechnology or IntegrationRestaurant reservation platform integrated into the hotel website. Allows guests to book dining reservations directly through resy.com for dinner, brunch, and special events.
• Settlers HospitalitycoreOthersParent hospitality management group owned and operated in Hawley, PA. Manages The Chestnut Inn along with sister properties including Silver Birches Resort, The Settlers Inn, Hotel Anthracite, Ledges Hotel, The Sayre Mansion, and Hawley Silk Mill.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Roxbury at Stratton Falls: A small boutique inn in the Catskills region offering themed, individually-designed rooms, on-site dining, and event hosting. Highly comparable as a small, design-forward Catskills inn competing for the same leisure and couple segments.
• Scribner's Catskill Lodge: A boutique Catskills lodge near Hunter Mountain offering restaurant, bar, and event programming. Comparable in scale, regional positioning, and targeting of NYC-weekender and experiential travel segments.
• Inns of Aurora: A collection of restored historic inns in Aurora, NY offering lodging, fine dining, and event programming. Directly comparable as a portfolio of historic small inns with strong F&B and weddings revenue mix.
• Urban Cowboy Lodge: A boutique Catskills lodge and cabin experience targeting couples and experiential travelers. Comparable in scale, design-led positioning, and emphasis on curated packages over scale lodging.
• The Settlers Inn: A sister property within Settlers Hospitality in Hawley, PA offering similar boutique inn, restaurant, and event programming. Directly comparable as the closest operational peer under common ownership.
• Hotel Anthracite: Another Settlers Hospitality sister property in Carbondale, PA offering boutique rooms, restaurant, and event venues. Comparable as a directly-affiliated boutique inn within the same operational system.
• Silver Birches Resort: A lakeside Pennsylvania resort under Settlers Hospitality, offering similar waterfront lodging, dining, and weddings/event programming. Highly comparable as a sister-property lake resort in the same portfolio.
• The Point Resort: A Relais & Châteaux historic lakeside resort in the Adirondacks offering ultra-premium all-inclusive lodging. Comparable as a small, historic luxury lakeside resort targeting couples, families, and high-end weddings in the Northeast.
• Deer Mountain Inn: A small historic boutique inn in Tannersville, NY in the Catskills offering similar weekend-leisure and wedding/event programming. Comparable in scale, regional positioning, and historic small-inn operating model.

Broad incumbents

• Mohonk Mountain House: A historic 19th-century Catskills resort with 250+ rooms, spa, and full-service programming. Comparable as a historic Catskills full-service resort targeting similar leisure, weddings, and corporate retreat segments, though at vastly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtiktok.com/@thechestnutinn
• Facebookfacebook.com/ChestnutInnOquaga
• Instagraminstagram.com/chestnutinnoquaga

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Chestnut Inn