week 13
WEEK 13 I think Airbnb uses a high/low pricing method. The homes/apartments that are listed on there have a price that can reflect its surroundings and happenings. When there is a big event happening nearby prices seem to go up since demand will be going up. It absolutely matters how the reviews are for an Airbnb host. I look at Airbnb’s quite often and I always look at the reviews. For me to actually stay somewhere I need to see many positive reviews. You are staying in someones home who still has access to it so they need to be trustworthy hosts. I think the most important attribute would be location. I often go to DC and an Airbnb next to The Capital or National Mall is much more expensive than an apartment outside of town. Even a place next to a public transportation can be more expensive. This machine-learning model helped a host pick a reasonable price for their listing by using an algorithm. It considers many attributes and it finds the ...