Topic: Airbnb in New York City
Group Members:
Yizhi Gong – [email protected];
Sichan Chen – [email protected];
Chi Ieng Ng – [email protected];
Qiyue Qin – [email protected]
Course Number: CIS 9440
Course Session: UTA
Description:
With the development of shared economies, more and more travelers are willing to book Airbnb when visiting a new place. This huge potential market also attracts many house owners who want to make investment and list their houses on Airbnb. New York City, as the most popular city in the United States, there is no doubt that it has great attraction for both investors and travelers. However, many owners couldn’t get the ideal profit from it because lacking analysis of the market data. Therefore, it’s necessary to analyze factors that would influence customers’ decisions, such as the location, the nearby facilities, and seasonal changes.
Questions:
We will address the following questions in our analysis:
- How do room-types vary by borough?
- How does the average price vary by room-types?
- How does the average price vary by borough?