Correlation Matrix:
1:Logan International Airport (BOS) has the highest number of passengers and hotel occupancy rates. This is likely because BOS is a major hub for both domestic and international flights.
2:Hotel occupancy rates are generally higher than the number of passengers. This suggests that many people who travel to the United States are staying in hotels, even if they are not arriving or departing through BOS.
3: There is a positive correlation between the number of passengers and hotel occupancy rates. This means that as the number of passengers increases, hotel occupancy rates also tend to increase.
Trends:
1: The number of passengers at BOS has been increasing steadily over time. This suggests that the airport is becoming more popular with travelers.
2: Hotel occupancy rates at BOS have been declining slightly in recent years. This could be due to several factors, such as the rise of Airbnb and other home-sharing platforms.
3: The correlation between the number of passengers and hotel occupancy rates has been weakening in recent years. This suggests that other factors, such as the economy and the availability of alternative accommodations, are becoming more influential in determining hotel occupancy rates.