Question

What are your hypotheses for how holidays and payday affect the number of check-ins? Discuss at least three holiday variables (or two holidays and payday) in detail.

Answer 1

ANSWER:

Holidays and payday affect the number of check-ins as the holidays are the main peak season when people check in thde hotels in a huge amount,sometimes the holidays are unplanned suddenly the numbers of checkin increases.Pay day.i.e the day on which payment is recieved then people plans the holiday on spot.

The two holiday variables are- forecasting credit which requires whether the customer is in the full-type employment. So that predictor takes value yes when the customer is in full-time employment, and "no" otherwise.. and another variable is the debt trap hypothesis by investigating whether households had fewer financial problems as compared to households in other states, after payday credit was banned.

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