November 13, 2023

The dataset seems to encompass a number of topics pertaining to Boston’s real estate, labor market, hotel industry, and tourism sector.
This dataset offers an extensive perspective of diverse economic metrics in Boston, facilitating the examination and investigation of patterns and connections among diverse industries.

Key statistics for various variables over 84 observations (months or years) in Boston are summarized in the data that is provided.

Month and Year:

  • The information is available from 2013 to 2019.
  • The number 6.5 stands for an average month.

    Travel:

  • logan_passengers (Passenger Traffic at Logan): 3.02 million people travel through Logan Airport on average.
  • There is a minimum of roughly 1.88 million and a maximum of roughly 4.12 million.
  • Logan International Flights (logan_intl_flights): There are roughly 3940.51 international flights on average.
  • 2587 is the minimum and 5260 is the maximum.

    Hotel Market:

  • hotel_occup_rate (Occupancy Rate): 81.77% is the average hotel occupancy rate.
  • 93.1% is the highest rate, and 57.2% is the lowest.
  • The average daily rate, or hotel_avg_daily_rate: The average cost of a hotel room is $244.42 per day.
  • $157.89 is the minimum rate and $337.92 is the maximum.

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