Goal: Analyze the impact of room types on prices.
How does the room type affect the price considering the minimum stay and availability?
How do the prices change between the different types of rooms depending on the number of reviews and the rating?
What is the effect of the room type on the price when there are no reviews, and how does it change between the room types?
What is the most common number of beds in a 'private room' and what is the average price?
How does the relationship between room type and price change in properties with many reviews compared to properties without reviews?
Conclusions:
The room type that gets the highest rating (5) is 'Entire home/apt' and its maximum price is 5,729.
The room type with the lowest minimum number of nights is 'Hotel Room', for this property the average availability is 233.4 nights, the average price is 187.73 $, and the maximum price is 542 $.
The type of room with the highest number of reviews (3194) is a 'hotel room', its average rating is 4.51, its average price is $159, and it has one bed.
The most common number of beds in a 'private room' is 1 and the average price is 82.5 $.
In the properties where there is no review, the average price and the average room availability by room type is: 'Entire home/apt' - average price: $263.77, average availability: $235.33, 'private room' - average price: $141.43 and average availability: $221.47, 'shared room' - average price: $66.38 and the average availability: 237.16.