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Big Data Presentation

The document summarizes a project on analyzing Airbnb's revenue management strategies for the vacation rental market. The objectives are to: 1) understand current market trends, Airbnb's strategies, and how they compare to competitors; 2) conduct customer research and analyze feedback to identify opportunities; and 3) make recommendations to increase profitability and customer satisfaction. Big data analytics will be used to provide comprehensive and actionable insights.

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ajinkyapol
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115 views9 pages

Big Data Presentation

The document summarizes a project on analyzing Airbnb's revenue management strategies for the vacation rental market. The objectives are to: 1) understand current market trends, Airbnb's strategies, and how they compare to competitors; 2) conduct customer research and analyze feedback to identify opportunities; and 3) make recommendations to increase profitability and customer satisfaction. Big data analytics will be used to provide comprehensive and actionable insights.

Uploaded by

ajinkyapol
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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REVENUE MANAGEMENT AND VACATION RENTAL

MARKET RESEARCH OF TRAVEL AND TOURISM

INDUSTRY(AIRBNB)

Mentored By:
Guided By:

Pradeep Tripathi Amar Jadhav


Sarvesh Dubey
PRESENTED BY :

AJINKYA POL 220944525004


ANIKET BHOSKAR 220944525009
ASHUTOSH SHINDE 220944525011
HARSHAD AGRAWAL 220944525019
KUNAL CHOPADE 220944525027
NIKHIL JADHAV 220944525031
PRANALI SHYAMKUWAR 220944525032
SAKSHI MALVIYA 220944525041
SHAM GAYAKWAD 220944525047
SIDDHANT REWALE 220944525051
OBJECTIVES: 3

•OBJECTIVE: PROVIDE VALUABLE INSIGHTS ON REVENUE MANAGEMENT AND VACATION RENTAL MARKET RESEARCH FOR AIRBNB TO
CUSTOMERS AND PROPERTY OWNERS IN THE TRAVEL AND TOURISM INDUSTRY.
•GOALS:
ANALYZE DATA ON NUMBER OF PROPERTIES, POPULAR PROPERTIES, AVAILABILITY, PRICES, MARKET SIZE, GROWTH RATES, AND
KEY PLAYERS.
COMPARE AND CONTRAST AIRBNB'S REVENUE MANAGEMENT STRATEGIES WITH THOSE OF COMPETITORS IN THE VACATION
RENTAL MARKET.
CONDUCT CUSTOMER RESEARCH ON FACTORS THAT INFLUENCE VACATION RENTAL BOOKING DECISIONS.
ANALYZE CUSTOMER FEEDBACK AND REVIEWS TO IDENTIFY AREAS FOR IMPROVEMENT IN AIRBNB'S REVENUE MANAGEMENT
AND VACATION RENTAL OFFERINGS.
DEVELOP RECOMMENDATIONS FOR AIRBNB TO ENHANCE ITS REVENUE MANAGEMENT STRATEGIES AND IMPROVE CUSTOMER
SATISFACTION.

•APPROACH: UTILIZE BIG DATA ANALYTICS TO PROVIDE COMPREHENSIVE AND ACTIONABLE INFORMATION.
•OVERALL OBJECTIVE: ENHANCE AIRBNB'S REVENUE MANAGEMENT STRATEGIES AND IMPROVE CUSTOMER SATISFACTION IN THE
VACATION RENTAL MARKET.
4

TOOLS & TECHNOLOGIES

•AWS S3
•AWS ATHENA
•AWS GLUE CRAWLER
•AWS GLUE JOB (ETL)
•AWS GLUE TRIGGER
•AWS LAMBDA
•AWS CLOUDFORMATION
•AWS GLUE WORKFLOW
•POWER BI
DATA PIPELINE:
5
INSIGHTS - TRAVELLER 6
INSIGHTS – PROPERTY OWNER 7
Presentation title 8

SUMMARY
The objectives of your project on revenue management and vacation rental
market research for the travel and tourism industry (Airbnb) could include
identifying current market trends and dynamics, analyzing Airbnb's revenue
management strategies, evaluating their effectiveness, comparing them to
competitors, identifying opportunities for optimization, conducting customer
research, analyzing feedback and reviews, and making recommendations for
improvement. Overall, the aim is to understand the market and develop strategies
that increase profitability and customer satisfaction in the vacation rental market.
THANK YOU

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