Time Series Analysis of 51 Chicago Upper Upscale Hotels

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Business, Data Analysis, Data Visualization, Hospitality, Model Building, R, Regression, Time Series

Time Series Analysis of 51 Chicago Upper Upscale Hotels

I use R to explore how much it will cost to bookan upper-upscale hotel room on average (among 51 upper upscal hotels in Chicago), how many occupied rooms we will expect in these 51 hotels across the busiest areas of Chicago and how much an investor could expect to earn from every hotel room he invested in the following 12 months.