Beyond the Stay: Data-Driven Insights into Airbnb Market Dynamics and Traveler Preferences
- DOI
- 10.2991/978-94-6463-978-0_58How to use a DOI?
- Keywords
- Airbnb; Machine Learning(ML); Pricing Optimization; Exploratory Data Analysis
- Abstract
Airbnb has transformed the world travel and accommodation market by offering flexible and low-cost short-term rentals. Yet, comprehending the intricate price and demand patterns and customer behavior remains a significant challenge among hosts, tourists, and investors. In this study, an Exploratory Data Analysis (EDA) framework is utilized to derive spatiotemporal and behavioral patterns from Airbnb datasets, followed by prediction using machine learning models. Preprocessing of data, feature engineering, and dimension reduction (PCA) enhance model explainability and accuracy. Among the experimented models, ensemble learning methods like CatBoost exhibited the highest accuracy of about 83% for both price estimation and demand classification. These results present implementable directions for host strategy optimization, identification of profitable markets for investors, and improved customer satisfaction.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Shreyas Kurane AU - Prateek Hosur AU - Aditya Aski AU - Krishna patel AU - Rajashri Khanai AU - Ryan Dias AU - Niranjan Muchandi AU - Salma Shahapur AU - Prathamesh Redekar PY - 2025 DA - 2025/12/31 TI - Beyond the Stay: Data-Driven Insights into Airbnb Market Dynamics and Traveler Preferences BT - Proceedings of the 1st Engineering Data Analytics and Management Conference (EAMCON 2025) PB - Atlantis Press SP - 688 EP - 696 SN - 2352-5401 UR - https://doi.org/10.2991/978-94-6463-978-0_58 DO - 10.2991/978-94-6463-978-0_58 ID - Kurane2025 ER -