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Related papers: Predicting Airbnb Rental Prices Using Multiple Fea…

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At Airbnb, an online marketplace for stays and experiences, guests often spend weeks exploring and comparing multiple items before making a final reservation request. Each reservation request may then potentially be rejected or cancelled by…

Information Retrieval · Computer Science 2023-05-31 Chun How Tan , Austin Chan , Malay Haldar , Jie Tang , Xin Liu , Mustafa Abdool , Huiji Gao , Liwei He , Sanjeev Katariya

This paper presents an intelligent price suggestion system for online second-hand listings based on their uploaded images and text descriptions. The goal of price prediction is to help sellers set effective and reasonable prices for their…

Artificial Intelligence · Computer Science 2020-12-14 Liang Han , Zhaozheng Yin , Zhurong Xia , Mingqian Tang , Rong Jin

One of the long-standing questions in search systems is the role of diversity in results. From a product perspective, showing diverse results provides the user with more choice and should lead to an improved experience. However, this…

Information Retrieval · Computer Science 2020-04-07 Mustafa Abdool , Malay Haldar , Prashant Ramanathan , Tyler Sax , Lanbo Zhang , Aamir Mansawala , Shulin Yang , Thomas Legrand

Online Travel Platforms are virtual two-sided marketplaces where guests search for accommodations and accommodation providers list their properties such as hotels and vacation rentals. The large majority of hotels are rated by official…

Information Retrieval · Computer Science 2021-01-28 Anastasiia Kornilova , Lucas Bernardi

Accurate prediction of house price, a vital aspect of the residential real estate sector, is of substantial interest for a wide range of stakeholders. However, predicting house prices is a complex task due to the significant variability…

Machine Learning · Computer Science 2024-09-10 Md Hasebul Hasan , Md Abid Jahan , Mohammed Eunus Ali , Yuan-Fang Li , Timos Sellis

Thick two-sided matching platforms, such as the room-rental market, face the challenge of showing relevant objects to users to reduce search costs. Many platforms use ranking algorithms to determine the order in which alternatives are shown…

General Economics · Economics 2023-08-29 Caterina Calsamiglia , Laura Doval , Alejandro Robinson-Cortés , Matthew Shum

Airbnb is one of the most successful examples of sharing economy marketplaces. With rapid and global market penetration, understanding its attractiveness and evolving growth opportunities is key to plan business decision making. There is an…

Computers and Society · Computer Science 2020-04-27 Giovanni Quattrone , Antonino Nocera , Licia Capra , Daniele Quercia

The goal of Airbnb search is to match guests with the ideal accommodation that fits their travel needs. This is a challenging problem, as popular search locations can have around a hundred thousand available homes, and guests themselves…

This study investigates the efficacy of machine learning models for predicting house rental prices in Ghana, addressing the need for accurate and accessible housing market information. Utilising a comprehensive dataset of rental listings,…

Machine Learning · Computer Science 2025-01-14 Philip Adzanoukpe

We study platforms in the sharing economy and discuss the need for incentivizing users to explore options that otherwise would not be chosen. For instance, rental platforms such as Airbnb typically rely on customer reviews to provide users…

Machine Learning · Computer Science 2017-11-27 Christoph Hirnschall , Adish Singla , Sebastian Tschiatschek , Andreas Krause

Demand estimation plays an important role in dynamic pricing where the optimal price can be obtained via maximizing the revenue based on the demand curve. In online hotel booking platform, the demand or occupancy of rooms varies across…

General Economics · Economics 2022-08-12 Fanwei Zhu , Wendong Xiao , Yao Yu , Ziyi Wang , Zulong Chen , Quan Lu , Zemin Liu , Minghui Wu , Shenghua Ni

Predicting the price of a house remains a challenging issue that needs to be addressed. Research has attempted to establish a model with different methods and algorithms to predict the housing price, from the traditional hedonic model to a…

Computers and Society · Computer Science 2023-10-13 Robert Wijaya

In the Multislope Ski Rental problem, the user needs a certain resource for some unknown period of time. To use the resource, the user must subscribe to one of several options, each of which consists of a one-time setup cost (``buying…

Data Structures and Algorithms · Computer Science 2008-02-21 Zvi Lotker , Boaz Patt-Shamir , Dror Rawitz

In recent years, much research effort on recommendation has been devoted to mining user behaviors, i.e., collaborative filtering, along with the general information which describes users or items, e.g., textual attributes, categorical…

Information Retrieval · Computer Science 2020-03-10 Yu Zheng , Chen Gao , Xiangnan He , Yong Li , Depeng Jin

An accurate prediction of house prices is a fundamental requirement for various sectors including real estate and mortgage lending. It is widely recognized that a property value is not solely determined by its physical attributes but is…

Machine Learning · Computer Science 2024-02-07 Hemlata Sharma , Hitesh Harsora , Bayode Ogunleye

The real estate market is exposed to many fluctuations in prices because of existing correlations with many variables, some of which cannot be controlled or might even be unknown. Housing prices can increase rapidly (or in some cases, also…

There has been significant literature regarding the way product review sentiment affects brand loyalty. Intrigued by how natural language influences consumer choice, we were motivated to examine whether an AirBnb host's occupancy rate (how…

Airbnb search must balance a worldwide, highly varied supply of homes with guests whose location, amenity, style, and price expectations differ widely. Meeting those expectations hinges on an efficient retrieval stage that surfaces only the…

When online sellers use AI learning algorithms to automatically compete on e-commerce platforms, there is concern that they will learn to coordinate on higher than competitive prices. However, this concern was primarily raised in…

General Economics · Economics 2025-11-03 Hangcheng Zhao , Ron Berman

In many applications, ads are displayed together with the prices, so as to provide a direct comparison among similar products or services. The price-displaying feature not only influences the consumers' decisions, but also affects the…

Artificial Intelligence · Computer Science 2023-03-24 Bin Li , Yahui Lei