TY - JOUR
T1 - Customer Loyalty under the Influence of Revenue Management
T2 - The Case of Taiwanese Hotel Customers
AU - Lin, Yi Hsin
AU - Huang, Kuan-cheng
PY - 2015/12/2
Y1 - 2015/12/2
N2 - Revenue management (RM), a common practice for the hotel industry, has been found to be very effective in generating extra revenue. However, prior studies have shown that the implementation of RM may potentially be in conflict with customer loyalty, the basis for long-term profitability. With a view to alleviating the impact of RM on customer loyalty, this study investigates the relationship between customer loyalty and RM knowledge level, and examines the moderating effect of the fairness perception for pricing based on a survey and the related statistical analyses. The findings suggest that hotel operators should facilitate the RM knowledge and the fairness perception of their customers so as to result in a potential win-win situation, in which profit-seeking hotels increase their revenue through better resource utilization, and heterogeneous customers benefit from more diversified services.
AB - Revenue management (RM), a common practice for the hotel industry, has been found to be very effective in generating extra revenue. However, prior studies have shown that the implementation of RM may potentially be in conflict with customer loyalty, the basis for long-term profitability. With a view to alleviating the impact of RM on customer loyalty, this study investigates the relationship between customer loyalty and RM knowledge level, and examines the moderating effect of the fairness perception for pricing based on a survey and the related statistical analyses. The findings suggest that hotel operators should facilitate the RM knowledge and the fairness perception of their customers so as to result in a potential win-win situation, in which profit-seeking hotels increase their revenue through better resource utilization, and heterogeneous customers benefit from more diversified services.
KW - customer loyalty
KW - fairness perception
KW - hotel industry
KW - revenue management
UR - http://www.scopus.com/inward/record.url?scp=84945466002&partnerID=8YFLogxK
U2 - 10.1080/10941665.2014.981556
DO - 10.1080/10941665.2014.981556
M3 - Article
AN - SCOPUS:84945466002
SN - 1094-1665
VL - 20
SP - 1374
EP - 1388
JO - Asia Pacific Journal of Tourism Research
JF - Asia Pacific Journal of Tourism Research
IS - 12
ER -