2010
DOI: 10.1057/thr.2010.5
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Hotel Restaurant Dining: The Relationship between Perceived Value and Intention to Purchase

Abstract: Restaurants affiliated with the hotel industry play an important role in increasing revenue and responding effectively to customer expectations. This paper examines how perceived value relates to intention to purchase (ITP) in the context of hotel restaurant dining using a quantitative approach involving multiple regression analysis. In addition, the findings indicate that there are three significant key variables that positively contribute to ITP: perceived brand image, perceived quality and perceived sacrifi… Show more

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Cited by 73 publications
(51 citation statements)
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References 27 publications
(53 reference statements)
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“…Given that it fundamentally consists of a collection of features relating to consumer perceptions of product value, the perceived value can be boosted via the effects of positive word-of-mouth and can, in turn, enhance consumers' purchase intentions [16,46]. Indeed, Gounaris et al (2007) [47] reported that consumer purchase intentions and perceived value are positively related; as such, a loss of purchase intentions may occur due to a low level of perceived value [35].…”
Section: Relationship Between Perceived Value and Purchase Intentionsmentioning
confidence: 99%
“…Given that it fundamentally consists of a collection of features relating to consumer perceptions of product value, the perceived value can be boosted via the effects of positive word-of-mouth and can, in turn, enhance consumers' purchase intentions [16,46]. Indeed, Gounaris et al (2007) [47] reported that consumer purchase intentions and perceived value are positively related; as such, a loss of purchase intentions may occur due to a low level of perceived value [35].…”
Section: Relationship Between Perceived Value and Purchase Intentionsmentioning
confidence: 99%
“…As a result, this will lead to lower participation in the adoption of m-healthcare technologies by the elders. Cost refers to the amount of money that consumers need to sacrifice in order to acquire a product or service (Ashton et al, 2010). Price variable has been integrated in many adoption studies to investigate its influence on the adoption process in a variety of information technologies (Kim et al, 2007;Bakar et al, 2008;Zhenyu et al, 2011;Yu, 2012).…”
Section: External Variables: Social Influence Trust Security/privacmentioning
confidence: 99%
“…[3] mentioned that perceived value influence the intention to purchase (ITP). Perceived value consists of 3 elements, which are perceived brand image, perceived quality, and perceived sacrifice (monetary and nonmonetary price).…”
Section: Advances In Economics Business and Management Research Volmentioning
confidence: 99%
“…This is in line with the understanding of Ashton, Ann S. et.al. 2010 that the indicators of perceived sacrifice consists of monetary price and nonmonetary price [15]. In term of non-monetary perspective, the users might think that domain .id makes their business easier to notice by their customers.…”
Section: Advances In Economics Business and Management Research Volmentioning
confidence: 99%