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  6. How Fostering “Room Ownership” Can Boost Guest Loyalty

How Fostering “Room Ownership” Can Boost Guest Loyalty

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How Fostering Room Ownership Can Boost Guest Loyalty.pdf (436.93 KB)
Permanent Link(s)
https://hdl.handle.net/1813/117387
Collections
Center for Hospitality Research Publications
Center for Hospitality Research Research Briefs
Author
Yoon, Y. Rin
Shu, Suzanne
Abstract

One goal often espoused by hotel operators is gaining guests’ loyalty by delighting them. Strange as it sounds, however, delighting guests is table stakes in today’s saturated hospitality industry. As brands compete on ever finer margins of service and comfort, loyalty can no longer rest solely on satisfaction. Even as most hotel firms seek and achieve flawless execution, they cannot gain substantial differentiation. So what else moves the needle? A study recently published in the Cornell Hospitality Quarterly suggests a novel strategic lever: psychological ownership. In this research brief, we present the theoretical grounding of psychological ownership, summarize the empirical findings, and translate the insights into actionable strategies.

Date Issued
2025-08-12
Keywords
guest loyalty
•
hotels
•
psychological ownership
Rights
Attribution 4.0 International
Rights URI
http://creativecommons.org/licenses/by/4.0/
Type
article

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