๐จ AtliQ Grands: A Strategic Hospitality Analysis ๐
In response to market competition, AtliQ Grands, an imaginary hospitality company with hotels in four cities, embarked on a comprehensive data-driven analysis to overcome challenges and drive business growth. The project is divided into three major steps:
๐งน Data Cleaning: To ensure accurate insights, I meticulously cleaned the data:
- Fixed negative values in the Number of Guests.
- Removed outliers in Revenue Generated & Realized.
- Handled NaN values in Ratings Given.
๐ Data Transformation: Turning raw data into actionable insights:
- Introduced 'Occupancy Percentage' using successful bookings and capacity.
- Explored insights based on the transformed data.
๐ Insights Generated:
- ๐ข Presidential rooms boast the highest occupancy rate.
- ๐ Delhi leads in occupancy, followed closely by other cities.
- ๐ Weekends show higher occupancy (>70%) than weekdays (50.9%).
- ๐ Bangalore consistently has the lowest occupancy rate.
- ๐๏ธ August data may be incomplete; only available for Mumbai and Bangalore.
๐ฐ Revenue Analysis:
- ๐ Delhi has high occupancy but the least realized revenue.
- ๐ต Mumbai records the highest revenue.
- ๐ Total revenue per month peaks in July.
๐ Business Insights:
- Bangalore sees a sharp drop in average successful bookings compared to Mumbai.
- ๐ก Strategic insights on revenue from cancellations for AtliQ Industries hotels.
- ๐ AtliQ Seasons excels in low cancellation rates due to competitive pricing and strategic locations.
๐ Service Quality and Ratings:
- ๐ Average ratings are uniform across all cities.
- ๐ None of the ratings are โฅ4, highlighting the need for service quality enhancement.
๐ค Bookings Analysis: ๐ 40.9% bookings are from 'others'; strategic analysis recommended for market capture.