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RESEARCH PRODUCT

Managers’ Perceptions of Delivered Value in the Hospitality Industry

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description

Although management literature has deeply reported the importance of assessing customers’ value perceptions, little attention has been paid to managers’ value perceptions (delivered value). This article presents a conceptual model of relationships between delivered value and customer orientation, service culture, and managers’ perception of customer satisfaction, tested with mulitblock PLS among 200 hospitality managers. Additionally, we present an index on a multidimensional scale of delivered value built with multitable analysis. Results support the proposed conceptual model and show increasing intensities of both the links in the model and the index by different hotel categories. The research offers valuable insights for avoiding marketing myopia as it provides managers with easy-to-read information on their own value provision.