Unveiling customer choice with salience theory: The link between room price and breakfast demand
dc.contributor.author | Anguera-Torrell, Oriol | en |
dc.contributor.author | Nicolau, Juan Luis | en |
dc.date.accessioned | 2024-10-28T11:59:53Z | en |
dc.date.available | 2024-10-28T11:59:53Z | en |
dc.date.issued | 2025-01-01 | en |
dc.description.abstract | Salience theory posits that decision-makers pay more attention to the most outstanding—salient—attributes of available options, ultimately impacting decision-makers’ choices. This study proposes extending this theory to the decision of adding an extra component to a product, with special significance for the hospitality industry. Hotels tend to charge a fixed amount to add breakfast to a reservation. Drawing on the salience theory, we show that this constant surcharge makes the demand for breakfast-included rooms dependent on the room's price. The empirical application conducted on a sample of over 22,000 reservations supports the predictions that the probability of selling breakfast-included rooms rises (1) after a room price increase and (2) less so if consumers do not anticipate the price hike. Beyond the critical theoretical extension, this paper brings relevant managerial implications for dynamic pricing strategies for breakfast, which, in turn, may become a game changer for hotel revenue management strategies. | en |
dc.description.version | Published version | en |
dc.format.mimetype | application/pdf | en |
dc.identifier | 103968 (Article number) | en |
dc.identifier.doi | https://doi.org/10.1016/j.ijhm.2024.103968 | en |
dc.identifier.issn | 0278-4319 | en |
dc.identifier.orcid | Nicolau Gonzalbez, Juan [0000-0003-0048-2823] | en |
dc.identifier.uri | https://hdl.handle.net/10919/121404 | en |
dc.identifier.volume | 124 | en |
dc.language.iso | en | en |
dc.publisher | Elsevier | en |
dc.rights | Creative Commons Attribution 4.0 International | en |
dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | en |
dc.subject | Salience | en |
dc.subject | Value | en |
dc.subject | Price | en |
dc.subject | Consumer choice | en |
dc.subject | Hotels | en |
dc.subject | Breakfast | en |
dc.title | Unveiling customer choice with salience theory: The link between room price and breakfast demand | en |
dc.title.serial | International Journal of Hospitality Management | en |
dc.type | Article - Refereed | en |
dc.type.dcmitype | Text | en |
dc.type.other | Journal Article | en |
pubs.organisational-group | Virginia Tech | en |
pubs.organisational-group | Virginia Tech/Pamplin College of Business | en |
pubs.organisational-group | Virginia Tech/Pamplin College of Business/Hospitality and Tourism Management | en |
pubs.organisational-group | Virginia Tech/All T&R Faculty | en |
pubs.organisational-group | Virginia Tech/Pamplin College of Business/PCOB T&R Faculty | en |