This project conducts a thorough market analysis of Airbnb listings, encompassing various aspects such as market trends, property types, pricing, occupancy rates, host distribution, and regulatory impacts. Utilizing multiple datasets, the analysis provides insights into the Airbnb market, helping hosts, investors, and market analysts understand the dynamics of short-term rental properties.
market_analysis_2019.csv
: Airbnb listing data from 2019.market_analysis.csv
: Recent Airbnb listing data.sales_properties_total_zipcode_XXXXX.csv
: Property sales data in various zip codes.sales_properties_with_pool_zipcode_XXXXX.csv
: Data on properties with pools in specific zip codes.amenities.csv
: Information on amenities available in Airbnb properties.geolocation.csv
: Geolocation data of Airbnb listings.
- Market Overview: Examines the distribution and growth trends of Airbnb listings in different neighborhoods and cities.
- Property Types and Amenities Analysis: Analyzes the distribution of various property types and the impact of amenities on rental prices and popularity.
- Pricing Analysis: Investigates average rental prices, seasonal pricing variations, and factors influencing pricing.
- Occupancy Rates and Booking Patterns: Analyzes booking frequencies, length of stay trends, and patterns in bookings.
- Host Analysis: Explores the distribution of hosts by the number of properties listed and the impact of host types on booking frequency and prices.
- Competitive Analysis: Compares Airbnb with traditional hotels in terms of pricing, location, and amenities.
- Customer Demographics and Preferences: Offers insights into Airbnb user demographics and preferences.
- Geospatial Analysis: Visualizes the geographical distribution of Airbnb listings and their correlation with points of interest.
- Python (Pandas, Matplotlib, Seaborn, Folium)
- Data Cleaning and Preprocessing
- Descriptive Statistics
- Trend Analysis
- Correlation Analysis
- Geospatial Data Visualization
- Outlier Detection
The project aims to provide comprehensive insights into the Airbnb market, aiding stakeholders in making informed decisions about property investments, pricing strategies, and understanding market dynamics.