Where does Machine Learning play into this? For the estimate?
In that case, what's the training set?
In that case, what's the training set?
We combine this daily with an analysis of how much hosts and hotels are already increasing their prices and whether they book or not to see how much our learned base price should be increased for the Super Bowl.
The dataset is based on publicly available data from Airbnb and Homeaway.
For our team, one of the more interesting aspects of continued observation will be a more fine-grained understanding of price elasticity around such a major event.