This study focuses on the lodging/hotel segment of the multibillion-dollar hospitality industry. With the information collected from different hotels and companies such as Expedia, it is possible to have a deeper understanding of the different prices of hotels, and price variance across cities, countries, continents, and star ratings. By reading this report, customers and suppliers would have a better understanding of hotels across the world. Consequently, through that understanding of the data, customers will be able to make the best possible decision when selecting and booking a room.
The data file was downloaded from expidia.com, which contains variables as name of the hotel, address, country, latitude, longitude, property currency, star rating, high rate, low rate, etc.