1. To Stay or Not to Stay: Measuring the Consumption Values on Hotel company’s Vacation Rentals.
- Author
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Kim, Daegeun (Dan), Choi, Eun-Kyong (Cindy), Ruetzler, Tanya, and Taylor, Jim
- Subjects
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CONSUMPTION (Economics) , *SOCIAL values , *BRAND loyalty , *EMPLOYEE vacations , *CONSUMERS , *VACATION rentals , *HOTEL chains - Abstract
A new type of vacation rental provided by hotel chain companies has been introduced to the market. In order for hotel companies to take advantage of this opportunity, they need to offer superior value, which is better than the existing vacation rental companies. Thus, this study applied consumption value theory (CVT) in the context of a hotel company’s vacation rentals to predict potential guests’ purchase intentions (PUR). This study found that social value (SV), emotional value (EmV), and conditional value (CV) had a significant impact on PUR. Moderation analysis revealed that brand loyalty (BL) had a significant moderating impact between several consumption values and PUR. Moreover, recommendations are made for hotel practitioners regarding which values are important to consumers and how to focus on providing services to match those values. [ABSTRACT FROM AUTHOR]
- Published
- 2025
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