Are central-zone restaurants better for consumers?-An analytical approach

Date Issued
2021-12-15
Author(s)
Markoski, Filip
Abstract
Analysis of restaurant location has significant value
both for owners, and for consumers. In this paper we examine the
statistical relationships of restaurant properties and qualities in
order to establish their relevance for the success of a restaurant.
For this purpose, we use information-based methods and a
dataset obtained from the TripAdvisor platform containing data
about restaurant facilities situated in London. The dataset is rich
with numerous qualitative features describing the restaurants.
Through the use of statistical and geographical methods we
explore the usefulness of geographic visualisation of restaurant
qualities, and examine the statistical relationships among restaurant descriptors. Our results demonstrate the effectiveness of
information methods for researching economic and non-economic
phenomena.
Subjects

London, Restaurants, ...

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