What affects an Airbnb listing’s price and popularity in Edinburgh?
<p>Properties with no reviews tend to actually be more expensive (by 31%) than those that do have reviews.</p>
<p>Part of this could be that newer Airbnb hosts can be more optimistic about what amounts they can charge. Indeed, hosts of properties with no reviews have, on average, been on the site for 244 fewer days. However, they still average 1388 days on the site, so this can’t be the full explanation.</p>
<p>Properties with high numbers of reviews, on the other hand, tend to be slightly less expensive, and be slightly more popular:</p>
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