Build machine learning models for that purpose using the Luxstay
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Pricing and guessing the right prices are vital for both hosts and renters on homesharing plat-form from internet based companies. To contribute the growing interest and immense literatureon applying Artificial Intelligence on predicting rental prices, this paper attempts to build ma-chine learning models for that purpose using the Luxstay listings in Hanoi. R2 score is used as the main criterion for the model performance and the results show that Extreme GradientBoostings (XGB) is the model with the best performance with R2= 0.62, beating the most sophisticated machine learning model: Neural Networks.
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