\begin{tabular}{lr} \toprule Parameter & Estimate \\ \midrule Intercept shift of the stay regime, $\delta$ (log points) & 3.154 \\ Implied stay length, $\exp(\delta)$ (nights) & 23.4 \\ Residual s.d., nightly regime, $\sigma_0$ & 0.493 \\ Residual s.d., stay regime, $\sigma_1$ & 0.568 \\ Mean posterior probability of the stay regime & 0.283 \\ Listings classified in the stay regime ($\hat{p}_i \geq 0.5$) & 976 \\ \quad of which displayed price $\leq$ \$1{,}000 & 83 \\ Listings classified nightly with displayed price $>$ \$1{,}000 & 22 \\ Listings with $0.25 < \hat{p}_i < 0.75$ & 7 \\ Log-likelihood & -4,323.4 \\ EM iterations & 16 \\ \midrule \multicolumn{2}{l}{\textit{Regime equation (logit coefficients, SE)}} \\ Constant & 1.466*** (0.141) \\ Montreal & 0.622*** (0.096) \\ ln(1 + reviews) & -0.331*** (0.027) \\ ln(guests) & -0.889*** (0.073) \\ Superhost & -0.588*** (0.087) \\ Hotel/B\&B/hostel & -0.947*** (0.191) \\ Chalet/cottage/cabin & -0.255** (0.121) \\ \bottomrule \end{tabular}