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Python EDA Project

The project conducts Exploratory Data Analysis (EDA) on New York Airbnb listings to identify trends in room types, prices, and host behavior. Key insights reveal that Manhattan listings are the most expensive, entire homes are the most common, and high availability correlates with lower prices. Recommendations for guests and hosts are provided based on the analysis, aiming to improve booking experiences and competitive pricing.

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vinayak
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1 views

Python EDA Project

The project conducts Exploratory Data Analysis (EDA) on New York Airbnb listings to identify trends in room types, prices, and host behavior. Key insights reveal that Manhattan listings are the most expensive, entire homes are the most common, and high availability correlates with lower prices. Recommendations for guests and hosts are provided based on the analysis, aiming to improve booking experiences and competitive pricing.

Uploaded by

vinayak
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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𝗔𝗶𝗿𝗯𝗻𝗯 𝗟𝗶𝘀𝘁𝗶𝗻𝗴𝘀 𝗘𝗗𝗔 𝗣𝗿𝗼𝗷𝗲𝗰𝘁: 𝗡𝗲𝘄 𝗬𝗼𝗿𝗸 𝟮𝟬𝟮𝟱

- Kruthika P
Project Overview
This project performs Exploratory Data Analysis (EDA) on New York Airbnb data to
uncover trends and patterns in rental listings. Using libraries like Pandas, Numpy,
Matplotlib, Seaborn for cleaning, visualization and analysis.
Objective

The goal of this project is to:

• Analyze room types, prices, and availability across different neighborhoods.

• Understand host behavior and listing patterns.

• Detect potential outliers in prices.

• Provide recommendations for guests and hosts based on insights.


Dataset Overview
• Data source – Kaggle

• Number of rows and columns – 20770 X 22

• Key variables / Features - Latitude, Longitude, Price, Minimum nights, Number


of reviews, Reviews per month, Availability 365, Beds, Neighbourhood group
Import libraries

Loading dataset
Data exploration
Data cleaning
EDA – Univariate Analysis
Checking Outliers for price column
EDA – Univariate Analysis

Data distribution of price column Data distribution of Availability 365 column


EDA – Univariate Analysis
Data summary of neighbourhood group with price Feature engineering
EDA – Bivariate Analysis

Price dependency on room type Price relationship with number of reviews


EDA – Bivariate Analysis

Geographical distribution of Airbnb listing Correlation between numerical columns


Key Insights
1. Price Trends:

• Manhattan has the most expensive listings, followed by Brooklyn.

• Entire homes/apartments cost significantly more than private or shared rooms.

2. Room Type Distribution:

• Entire homes/apartments are the most common, but private rooms offer budget-friendly options.

3. Outliers in Price:

• Few listings priced at $10,000+ were detected, indicating the need to filter such extreme values.

4. Availability Patterns:

• Listings with high availability tend to have lower prices and more reviews, likely due to better guest
experience.

5. Host Behavior:

• Some hosts manage multiple listings, indicating a trend toward professional hosting.
Recommendations

•For Guests:
• Look for listings with high availability and good reviews for a better
experience.
• Private rooms in Brooklyn offer affordable stays compared to Manhattan.

•For Hosts:
• Improve availability and review response rates to attract more bookings.
• Manage pricing effectively to compete within the borough's market.
Conclusion

This project offers valuable insights into the New York Airbnb market, helping
both guests and hosts make informed decisions. By using EDA techniques, I
have identified key trends and developed actionable recommendations. Future
improvements can involve advanced analytics and predictive modeling to
further enhance the findings.
Thank you

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