Variables | Coefficient | Std.Error | Z-statisics | p-value | Significant Code |
(Intercept) | 2.29 × 10^3 | 1.06 × 10^3 | 2.15 × 10^0 | 3.12 × 10^−2 | * |
Price | −9.76 × 10^−3 | 8.42 × 10^−4 | −1.16 × 10^1 | 2 × 10^−16 | *** |
Property Type - Bed & Breakfast | 6.70 × 10^0 | 7.54 × 10^−1 | 8.89 × 10^0 | 2 × 10^−16 | *** |
Property Type - Cabin | −1.32 × 10^1 | 2.65 × 10^2 | −5.00 × 10^−2 | 9.60 × 10^−1 |
|
Property Type - Condominium | −1.97 × 10^0 | 3.53 × 10^−1 | −5.59 × 10^0 | 2.32 × 10^−8 | *** |
Property Type - House | −1.73 × 10^0 | 7.42 × 10^−1 | −2.34 × 10^0 | 1.96 × 10^−2 | * |
Property Type - Loft | −1.04 × 10^1 | 2.66 × 10^2 | −3.90 × 10^−2 | 9.69 × 10^−1 |
|
Property Type - Townhouse | −1.38 × 10^1 | 2.66 × 10^2 | −5.20 × 10^−2 | 9.59 × 10^−1 |
|
Listing Type - Private room | −7.27 × 10^−1 | 8.15 × 10^−2 | −8.92 × 10^0 | 2 × 10^−16 | *** |
Listing Type - Shared room | −8.80 × 10^−1 | 5.30 × 10^−1 | −1.66 × 10^0 | 9.67 × 10^−2 |
|
Neighborhood - Stuyvesant Town | −9.90 × 10^−1 | 2.36 × 10^−1 | −4.19 × 10^0 | 2.78 × 10^−5 | *** |
Average Daily Rate | 8.71 × 10^−3 | 1.12 × 10^−3 | 7.75 × 10^0 | 9.35 × 10^−15 | *** |
Annual Revenue LTM | 1.29 × 10^−6 | 2.91 × 10^−6 | 4.43 × 10^−1 | 6.57 × 10^−1 |
|
Occupancy Rate LTM | −4.61 × 10^−1 | 2.38 × 10^−1 | −1.94 × 10^0 | 5.23 × 10^−2 |
|
Number of Bookings LTM | −1.23 × 10^−2 | 3.76 × 10^−3 | −3.28 × 10^0 | 1.04 × 10^−3 | ** |
Number of Reviews | −4.59 × 10^−4 | 1.39 × 10^−3 | −3.31 × 10^−1 | 7.41 × 10^−1 |
|
Overall Rating | 4.59 × 10^−1 | 9.98 × 10^−2 | 4.60 × 10^0 | 4.15 × 10^−6 | *** |
Bedrooms | 1.01 × 10^−1 | 6.14 × 10^−2 | 1.65 × 10^0 | 10.00 × 10^−2 |
|
Bathrooms | 8.00 × 10^−1 | 1.14 × 10^−1 | 7.05 × 10^0 | 1.83 × 10^−12 | *** |
Max Guests | −1.77 × 10^−1 | 2.93 × 10^−2 | −6.06 × 10^0 | 1.38 × 10^−9 | *** |
Response Rate | 8.78 × 10^−3 | 2.45 × 10^−3 | 3.58 × 10^0 | 3.43 × 10^−4 | *** |
Response Time (min) | 6.57 × 10^−4 | 1.19 × 10^−2 | 5.52 × 10^0 | 3.32 × 10^−8 | *** |
Superhost - NA | −8.32 × 10^−1 | 2.87 × 10^−1 | −2.90 × 10^0 | 3.76 × 10^−3 | ** |
Superhost - TRUE | 1.42 × 10^−1 | 9.64 × 10^−2 | 1.48 × 10^0 | 1.40 × 10^−1 |
|
Cancellation Policy - Moderate | 3.33 × 10^−1 | 1.28 × 10^−1 | 2.59 × 10^0 | 9.48 × 10^−3 | ** |
Cancellation Policy - Strict | 9.24 × 10^−1 | 1.21 × 10^−1 | 7.62 × 10^0 | 2.61 × 10^−14 | *** |
Security Deposit | 2.83 × 10^−5 | 7.84 × 10^−5 | 3.60 × 10^−1 | 7.19 × 10^−1 |
|
Cleaning Fee | −1.92 × 10^−2 | 1.25 × 10^−3 | −1.53 × 10^1 | 2 × 10^−16 | *** |
Extra People Fee | −8.55 × 10^−3 | 1.05 × 10^−3 | −8.11 × 10^0 | 4.89 × 10^−16 | *** |
Published Nightly Rate | 8.40 × 10^−3 | 8.89 × 10^−4 | 9.46 × 10^0 | 2 × 10^−16 | *** |
Published Monthly Rate | −5.58 × 10^−6 | 3.10 × 10^−5 | −1.80 × 10^−1 | 8.57 × 10^−1 |
|
Published Weekly Rate | −9.25 × 10^−4 | 1.44 × 10^−4 | −6.43 × 10^0 | 1.27 × 10^−10 | *** |
Minimum Stay | 1.30 × 10^−2 | 6.78 × 10^−3 | 1.91 × 10^0 | 5.56 × 10^−2 |
|
Count Reservation Days LTM | −3.44 × 10^−3 | 1.15 × 10^−3 | −2.98 × 10^0 | 2.89 × 10^−3 | ** |
Count Available Days LTM | −7.80 × 10^−3 | 8.53 × 10^−4 | −9.14 × 10^0 | 2 × 10^−16 | *** |
Count Blocked Days LTM | 3.99 × 10^−3 | 6.43 × 10^−4 | 6.21 × 10^0 | 5.49 × 10^−10 | *** |
Number of Photos | −1.31 × 10^−2 | 2.76 × 10^−3 | −4.74 × 10^0 | 2.13 × 10^−6 | *** |
Business Ready - TRUE | 3.04 × 10^−1 | 1.06 × 10^−1 | 2.86 × 10^0 | 4.25 × 10^−3 | ** |
Instantbook Enabled - Yes | −1.01 × 10^0 | 1.25 × 10^−1 | −8.11 × 10^0 | 5.20 × 10^−16 | *** |
Latitude | 4.81 × 10^1 | 1.21 × 10^1 | 3.99 × 10^0 | 6.49 × 10^−5 | *** |
Longitude | 5.75 × 10^1 | 1.24 × 10^1 | 4.64 × 10^0 | 3.52 × 10^9 | *** |