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Hotel restaurant dining: The relationship
between perceived value and intention to
purchase




                     Presenter: Anne Chen
                     Instructor: Dr. Pi-Ying Teresa
                     Hsu
                     Date: November 26, 2012 1
Citation
Ashton, A., Scott, N., Solnet, D., & Breakey,
N. (2010). Hotel restaurant dining: The
relationship between perceived value and
intention to purchase. Tourism and Hospitality
Research, 10(3), 206-218.




                                                 2
Contents
Ⅰ      Introduction

Ⅱ    Literature Review

Ⅲ      Methodology

Ⅳ   Result & Conclusion

Ⅴ       Limitation

Ⅵ       Reflection

                          3
Introduction
It is necessary for hotel managers to
understand consumer expectations to
ensure that they provide a product and
service mix, which meets customer needs.




                                           4
Purpose
To seek understand how perceived value in
a hotel restaurant dining context relates to
intention to purchase (ITP)




                                               5
Research Question
What is the relationship between perceived
value and ITP in hotel restaurant dining?




                                             6
Literature Review




                    7
Literature Review
The evaluation of a brand alliance relies
on a consumer’s experience with a
brand and opinions formed on the basis
of several factors including the level of
service experience, price paid, and word
of mouth.
        (Rust et al., 2005; Paswan et al., 2007)




                                               8
Literature Review

The relationship between quality and
value depends on overall service quality
and improvement in core quality.


                   (McDougall, 2000)




                                           9
Literature Review
 Perceived sacrifice includes both a monetary
(perceived price) component, and a non-
monetary one such as time or energy spent.


           (Monroe, 1990; Dodds et al., 1991)




                                                10
Hypotheses
H1: If perceived brand image is high then intention
    to purchase is high.

H2: If perceived quality is high then intention to
    purchase is high.




                                                     11
Hypotheses
H3: If perceived sacrifice on monetary price is
    low then intention to purchase is high.

H4: If perceived sacrifice on non-monetary price
    is low then intention to purchase is high.




                                                   12
Methodology




              13
Perceived value research instrument construct
                Research Instrument
                 of Perceived Value


 Perceived       Perceived            Perceived    Perceived Value
Brand Image       Quality             Sacrifice       Construct

Consumer         Product &        Monetary Price
                                  Non-monetary       Measurement
 Attitude         Service
                                     Price              Items
                Performance

                Intention to
                 Purchase



                                                             14
Methodology
        • Five star hotel – Henry J. Bean Bar and
Pilot     Grill restaurant
        • Bangkok, Thailand
test    • A total of 88 questionnaires


        • Five star hotel – Amari Orchid
Main      Resort & Tower
        • Pattaya, Thailand
study   • A total of 377 respondents




                                                    15
Result




         16

H1: If perceived brand image is high then intention to purchase
    is high.
                                                 Standardi
                           Unstandardize
                                                 zed
                                 d
                                                 coefficien
        Model               coefficients                        t     Sig.       F
                                                 ts
                                      Std.
                             B                    Beta (β)
                                      error
                                                                              64.670
      (Constant)          -2.278      1.683           ───     -1.354 0.177
                                                                              (1271)***
    Perceived brand
                           0.628      0.078           0.439   8.042   0.000     ───
         image
Dependent variable: Intention to purchase,R2=0.193.
***P<0.001.


          Table 1: Perceived brand image regression results



                                                                                      17
   H2: If perceived quality is high then intention to purchase is
        high.

                                             Standardiz
                       Unstandardized            ed
                        coefficients         coefficient
       Model                                      s          T      Sig.       F

                                  Std.
                         B                     Beta (β)
                                  error
                                                                            44.667
     (Constant)        -1.713      1.903          ───      -0.888   0.376
                                                                            (1279)***
Dependent variable: Intention to purchase,R2=0.138.
 Perceived quality 0.992
***P<0.001.
                                    0.148          0.371   6.683    0.000     ───



               Table 2: Perceived quality regression results



                                                                                    18
   H3: If perceived sacrifice on monetary price is low then
        intention to purchase is high.

                                                  Standardi
                            Unstandardize
                                                     zed
                                  d
                                                  coefficien
         Model               coefficients                         t      Sig.       F
                                                      ts
                                      Std.
                              B                       Beta (β)
                                      error
                                                                                 43.318
       (Constant)           2.900      1.264           ───       2.294   0.023
                                                                                 (1287)***
 Perceived sacrifice on
                            1.032      0.157           0.362     6.582   0.000     ───
    monetary price
Dependent variable: Intention to purchase,R2=0.131.
***P<0.001.

                  Table 3: Monetary price regression results



                                                                                         19

H4: If perceived sacrifice on non-monetary price is low then
    intention to purchase is high.

                                            Standardi
                         Unstandardize
                                               zed
                               d
                                            coefficien
        Model             coefficients                     t     Sig.       F
                                                ts
                                  Std.
                           B                 Beta (β)
                                  error
                                                                         78.831
      (Constant)        -5.566    1.889        ───       -2.947 0.003
                                                                         (1284)***
 Perceived sacrifice on
Dependent variable: Intention to purchase,R2=0.217.
                         1.302      0.147       0.466    8.879   0.000     ───
  non-monetary price
***P<0.001.



            Table 4: Non-monetary price regression results



                                                                                 20
Conclusion




             21
Conclusion
Perceived brand image, perceived quality and
perceived sacrifice combine to explain over
two-thirds of the variance in ITP.

Four key factors (both monetary and non-
monetary price) are the decision making of
consumers regarding ITP in the hotel
restaurant dining context.




                                               22
Limitation




             23
Limitation
The limitations for this study revolve include its
necessary selection of one particular study
context; essentially, only one hotel chain located
in Thailand.

Most of the participants in this study were
leisure travelers.




                                                     24
Reflection




             25
Reflection
Perceived value always influences customer
intention to purchase.

On the hotel party who look forward to
achieving the customers’ requirements
increase intention to purchase.




                                             26
Thank you for listening.   27

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10122607 陳俐君(hotel restaurant dining the relationship between perceived value and intention to purchase)

  • 1. Hotel restaurant dining: The relationship between perceived value and intention to purchase Presenter: Anne Chen Instructor: Dr. Pi-Ying Teresa Hsu Date: November 26, 2012 1
  • 2. Citation Ashton, A., Scott, N., Solnet, D., & Breakey, N. (2010). Hotel restaurant dining: The relationship between perceived value and intention to purchase. Tourism and Hospitality Research, 10(3), 206-218. 2
  • 3. Contents Ⅰ Introduction Ⅱ Literature Review Ⅲ Methodology Ⅳ Result & Conclusion Ⅴ Limitation Ⅵ Reflection 3
  • 4. Introduction It is necessary for hotel managers to understand consumer expectations to ensure that they provide a product and service mix, which meets customer needs. 4
  • 5. Purpose To seek understand how perceived value in a hotel restaurant dining context relates to intention to purchase (ITP) 5
  • 6. Research Question What is the relationship between perceived value and ITP in hotel restaurant dining? 6
  • 8. Literature Review The evaluation of a brand alliance relies on a consumer’s experience with a brand and opinions formed on the basis of several factors including the level of service experience, price paid, and word of mouth. (Rust et al., 2005; Paswan et al., 2007) 8
  • 9. Literature Review The relationship between quality and value depends on overall service quality and improvement in core quality. (McDougall, 2000) 9
  • 10. Literature Review Perceived sacrifice includes both a monetary (perceived price) component, and a non- monetary one such as time or energy spent. (Monroe, 1990; Dodds et al., 1991) 10
  • 11. Hypotheses H1: If perceived brand image is high then intention to purchase is high. H2: If perceived quality is high then intention to purchase is high. 11
  • 12. Hypotheses H3: If perceived sacrifice on monetary price is low then intention to purchase is high. H4: If perceived sacrifice on non-monetary price is low then intention to purchase is high. 12
  • 14. Perceived value research instrument construct Research Instrument of Perceived Value Perceived Perceived Perceived Perceived Value Brand Image Quality Sacrifice Construct Consumer Product & Monetary Price Non-monetary Measurement Attitude Service Price Items Performance Intention to Purchase 14
  • 15. Methodology • Five star hotel – Henry J. Bean Bar and Pilot Grill restaurant • Bangkok, Thailand test • A total of 88 questionnaires • Five star hotel – Amari Orchid Main Resort & Tower • Pattaya, Thailand study • A total of 377 respondents 15
  • 16. Result 16
  • 17.  H1: If perceived brand image is high then intention to purchase is high. Standardi Unstandardize zed d coefficien Model coefficients t Sig. F ts Std. B Beta (β) error 64.670 (Constant) -2.278 1.683 ─── -1.354 0.177 (1271)*** Perceived brand 0.628 0.078 0.439 8.042 0.000 ─── image Dependent variable: Intention to purchase,R2=0.193. ***P<0.001. Table 1: Perceived brand image regression results 17
  • 18. H2: If perceived quality is high then intention to purchase is high. Standardiz Unstandardized ed coefficients coefficient Model s T Sig. F Std. B Beta (β) error 44.667 (Constant) -1.713 1.903 ─── -0.888 0.376 (1279)*** Dependent variable: Intention to purchase,R2=0.138. Perceived quality 0.992 ***P<0.001. 0.148 0.371 6.683 0.000 ─── Table 2: Perceived quality regression results 18
  • 19. H3: If perceived sacrifice on monetary price is low then intention to purchase is high. Standardi Unstandardize zed d coefficien Model coefficients t Sig. F ts Std. B Beta (β) error 43.318 (Constant) 2.900 1.264 ─── 2.294 0.023 (1287)*** Perceived sacrifice on 1.032 0.157 0.362 6.582 0.000 ─── monetary price Dependent variable: Intention to purchase,R2=0.131. ***P<0.001. Table 3: Monetary price regression results 19
  • 20.  H4: If perceived sacrifice on non-monetary price is low then intention to purchase is high. Standardi Unstandardize zed d coefficien Model coefficients t Sig. F ts Std. B Beta (β) error 78.831 (Constant) -5.566 1.889 ─── -2.947 0.003 (1284)*** Perceived sacrifice on Dependent variable: Intention to purchase,R2=0.217. 1.302 0.147 0.466 8.879 0.000 ─── non-monetary price ***P<0.001. Table 4: Non-monetary price regression results 20
  • 22. Conclusion Perceived brand image, perceived quality and perceived sacrifice combine to explain over two-thirds of the variance in ITP. Four key factors (both monetary and non- monetary price) are the decision making of consumers regarding ITP in the hotel restaurant dining context. 22
  • 24. Limitation The limitations for this study revolve include its necessary selection of one particular study context; essentially, only one hotel chain located in Thailand. Most of the participants in this study were leisure travelers. 24
  • 26. Reflection Perceived value always influences customer intention to purchase. On the hotel party who look forward to achieving the customers’ requirements increase intention to purchase. 26
  • 27. Thank you for listening. 27