| Variables | M1 Average Monthly Review Volume (During Listing’s Active Period) | M2 Number of Reviews in the Past Year |
| Beauty | 0.001* | 0.004** |
|
| (1.84) | (2.46) |
| Smile | 0.000 | 0.000 |
|
| (1.56) | (0.95) |
| Age | −0.003*** | −0.007*** |
|
| (−5.77) | (−5.87) |
| Gender | 0.050*** | 0.055* |
|
| (3.59) | (1.94) |
| Blur | −0.000*** | 0.000 |
|
| (−2.71) | (0.73) |
| Superhost | 0.278*** | 0.726*** |
|
| (17.59) | (22.80) |
| Score | 0.156*** | 0.107 |
|
| (4.26) | (1.46) |
| Acceptance | 0.632*** | 1.889*** |
|
| (14.84) | (22.03) |
| Price | −0.066*** | −0.160*** |
|
| (−6.14) | (−7.44) |
| Listnum | −0.007*** | −0.018*** |
|
| (−7.19) | (−9.90) |
| Responsetime | −0.162*** | −0.222*** |
|
| (−12.51) | (−8.51) |
| Responserate | −0.407*** | −0.617*** |
|
| (−6.24) | (−4.70) |
| Instant | 0.166*** | 0.163*** |
|
| (9.92) | (4.83) |
| Constant | 0.257 | 1.381*** |
|
| (1.36) | (3.63) |
| F-value | 166.9 | 208.6 |
| R-squared | 0.296 | 0.345 |
| Adj R-squared | 0.294 | 0.343 |
| Observations | 5174 | 5174 |