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Consumer Perceptions of Price, Value and Satisfaction in the Hotel Industry: An Exploratory Study

Research output: Contribution to journalArticlepeer-review

Abstract

The Hotel Industry Faces the Difficult Task of Managing the Temporal Demand for its Product. Also, the Supply of Rooms Has Outpaced the Demand over the Last Decade. under This Competitive Environment, Hotels Have Two Basic Means of Achieving a Sustainable Competitive Advantage within their Product Markets: (1) Low Price or (2) High Quality. This Study Examines the Relationships between Price, Value and Satisfaction in Regard to Hotel Services. © 1996 by the Haworth Press, Inc. All Rights Reserved.

Original languageAmerican English
JournalJournal of Hospitality and Leisure Marketing
Volume4
DOIs
StatePublished - Oct 15 1996

Disciplines

  • Management Information Systems
  • Technology and Innovation

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