Airbnb, Inc. is an American company that operates an online marketplace for lodging, with a primary focus on homestays for vacation rentals and tourism activities. Headquartered in San Francisco, California, the platform is accessible through both a website and a mobile app. Our project delves into the dataset provided by the company to extract important references that significantly impact business metrics.
Team 16
Arios Tong
✧~ Hotpot expert and chili king ~✧
Arios majors in data science.
🌶️🌶️🌶️🌶️🌶️
John Bailey
𓇽~ Sports lover ~𓇽
John came from a mathematics background. He loves playing soccer. ⚽
Zoe Le
~✡~ Creator / creative soul ~✡~
🌱 Zoe crafted her own toys as a child. She loves building apps and storytelling. 🌱
We are all in MSDS promgram at USF 
What we talk about today:
1. Where are Airbnb accommodations located in New York City?
2. What is the price distribution?
3. What are some interesting insights we can glean from the data set?
4. What factors influence customers to choose Airbnb?
5. Which roomtypes are their favorites?
Choropleth + Scatterplot: Price, Count, Rating in each Neighborhood
There are five neighborhood groups in NYC. Please click on the buttons in the top row to explore their locations on the Choropleth map. Click the buttons in the second row to view the property counts.
Average price and rating in each Neighborhood group
By clicking on each neighborhood group button, we can observe the distribution of average prices and ratings of each neighborhood.
Average price and rating in each Neighborhood
What attracts our customers the most?
Diane and her family decided to go to New York City for summer vacation.
Which airbnb would she choose?
What do you think will catch her eyes first?
Most common words used by hosts
We can see that the most prominent locations are Manhattan, Brooklyn, Central Park while the most popular room type on Airbnb is Private room.
So which room type do you think she would choose?
Mean Price and Review Rate by Room Type in each Neighborhood
Although Private rooms and Entire homes/Apartments dominate the number of listings on Airbnb (almost 98%), they generally have lower price and ratings compared to Shared rooms and Hotels. Given their prevalence, it can be inferred that a significant portion of Airbnb's revenue is generated from commissions on these signature room types.
Conclusion
There is not much of a correlation between price and customer satisfaction; it really depends on their budget and past experience. However, there are a lot of potential for private rooms and entire homes/apartments to be improved.
Instructor: Shan Wang MIT license