Popularity Trajectories and Mixing Patterns of Urban Venues in Two European Cities

Wang Ngai Yeung, Lakmal Meegahapola, Daniele Quercia, Riccardo Di Clemente

Urban venues such as restaurants, shops, bars and parks host the daily life of a city, and their collective rise and fall signals how vibrant a neighbourhood is. The usual assumption is that a venue's fortunes follow its neighbourhood's, so that how wealthy an area is and how many people live there will decide a venue's performance. Yet whether there is a common performance trajectory shared by venues over time is underexplored. In this study, we use 5.5 years of Foursquare data for about 10^4 venues in London and Barcelona. We found six distinguishable shapes recur in both cities, that are (1) Fall, (2) Rise, (3) Rise & Fall, (4) Steady, (5) Ephemeral (an early hit that loses popularity fast) and (6) Underdogs (a slow starter that gains popularity late). However, no recovery shape appears, that is neither city yields a U-shaped fall-and-rise group. Additionally, we found that deprivation and population density are not indicative which shape a venue follows. We also discovered that how early a shape can be recognized depends on when its distinctive segment occurs, not a shape's complexity. Proximity between venues, however, does predict how well-performing a venue is. We…