AI predicts Airbnb prices with 69% accuracy

One needn’t be an oracle to forecast Airbnb listings prices — AI models fed customer reviews and rental features will do the trick. That’s the conclusion drawn by a team of graduate students at Stanford, who investigate in a paper on Arxiv.org (“Airbnb Price Prediction Using Machine Learning and Sentiment Analysis“) systems leveraging machine learning and natural language processing to anticipate future Airbnb rates.