Post from http://www.danieluk.net
If you go on vacation, regardless of whether you’re staying at a hotel or renting out someone’s house using a service like Airbnb, you’re probably aware of the fact that what you pay is going to be based on demand. Trying to find somewhere to stay in Austin during SXSW is naturally going to cost more than it does the rest of the year. But today we learned just how good Airbnb is at helping hosts get as much money as they can — and it’s all based on the back of some pretty massive data stores.
Today at the Airbnb’s Open Air event in San Francisco, VP of engineering Mike Curtis (pictured above) introduced Price Tips, a tool that lets Airbnb hosts see exactly where they should set the price of their property on a day-by-day basis to make…
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Airbnb is using machine learning to help hosts make as much money as possible http://www.danieluk.net/news/airbnb-is-using-machine-learning-to-help-hosts-make-as-much-money-as-possible/ #Tool
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