Value co-creation in hospitality industry: A systematic literature review

Detalhes bibliográficos
Autor(a) principal: Islam, R.
Data de Publicação: 2023
Outros Autores: Loureiro, S. M. C., Carvalho, I.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/29436
Resumo: Service dominant (S-D) logic, which advocates prominence of services rather than goods in economic exchange, has become one of most the popular research streams in recent years. One of the most prominent theories of (S-D) logic is value co-creation. Although co-creation is mutually beneficial, it is considered to be customer-oriented and interactional. In a dynamic and interactive industry like the hotel industry, the creation of value through interaction and engagement with customers is significant to enhance business performance. This article reports a systematic literature review (SLR) to critically analyse the key findings of the publications in the domain of value co-creation related to the hospitality industry. This article also endeavours to identify and critically analyse the key themes, theories, and constructs of prior studies. The findings show that the interactive co-creative experience is significant to create positive emotion and satisfaction for hotel guests. This positive emotion and satisfaction encourage the guests to come back to the hotel and recommend it to others. Interactional co-creation also leads to more engagement, which has been found to have a significant effect on hotel performance. Therefore, hotel management should invest time and money to train and encourage hotel employees to accelerate interaction and engagement with guests to create better experience for hotel guests. This should enhance hotel performance.
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spelling Value co-creation in hospitality industry: A systematic literature reviewService dominant logicValue co-creationCo-creationCo-creative experienceEngagementInteractionCompany performanceService dominant (S-D) logic, which advocates prominence of services rather than goods in economic exchange, has become one of most the popular research streams in recent years. One of the most prominent theories of (S-D) logic is value co-creation. Although co-creation is mutually beneficial, it is considered to be customer-oriented and interactional. In a dynamic and interactive industry like the hotel industry, the creation of value through interaction and engagement with customers is significant to enhance business performance. This article reports a systematic literature review (SLR) to critically analyse the key findings of the publications in the domain of value co-creation related to the hospitality industry. This article also endeavours to identify and critically analyse the key themes, theories, and constructs of prior studies. The findings show that the interactive co-creative experience is significant to create positive emotion and satisfaction for hotel guests. This positive emotion and satisfaction encourage the guests to come back to the hotel and recommend it to others. Interactional co-creation also leads to more engagement, which has been found to have a significant effect on hotel performance. Therefore, hotel management should invest time and money to train and encourage hotel employees to accelerate interaction and engagement with guests to create better experience for hotel guests. This should enhance hotel performance.Universidade de Aveiro2023-10-16T15:33:58Z2023-01-01T00:00:00Z20232023-10-16T16:33:33Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/29436eng1645-926110.34624/rtd.v41i0.29650Islam, R.Loureiro, S. M. C.Carvalho, I.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:29:52Zoai:repositorio.iscte-iul.pt:10071/29436Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:13:24.006572Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Value co-creation in hospitality industry: A systematic literature review
title Value co-creation in hospitality industry: A systematic literature review
spellingShingle Value co-creation in hospitality industry: A systematic literature review
Islam, R.
Service dominant logic
Value co-creation
Co-creation
Co-creative experience
Engagement
Interaction
Company performance
title_short Value co-creation in hospitality industry: A systematic literature review
title_full Value co-creation in hospitality industry: A systematic literature review
title_fullStr Value co-creation in hospitality industry: A systematic literature review
title_full_unstemmed Value co-creation in hospitality industry: A systematic literature review
title_sort Value co-creation in hospitality industry: A systematic literature review
author Islam, R.
author_facet Islam, R.
Loureiro, S. M. C.
Carvalho, I.
author_role author
author2 Loureiro, S. M. C.
Carvalho, I.
author2_role author
author
dc.contributor.author.fl_str_mv Islam, R.
Loureiro, S. M. C.
Carvalho, I.
dc.subject.por.fl_str_mv Service dominant logic
Value co-creation
Co-creation
Co-creative experience
Engagement
Interaction
Company performance
topic Service dominant logic
Value co-creation
Co-creation
Co-creative experience
Engagement
Interaction
Company performance
description Service dominant (S-D) logic, which advocates prominence of services rather than goods in economic exchange, has become one of most the popular research streams in recent years. One of the most prominent theories of (S-D) logic is value co-creation. Although co-creation is mutually beneficial, it is considered to be customer-oriented and interactional. In a dynamic and interactive industry like the hotel industry, the creation of value through interaction and engagement with customers is significant to enhance business performance. This article reports a systematic literature review (SLR) to critically analyse the key findings of the publications in the domain of value co-creation related to the hospitality industry. This article also endeavours to identify and critically analyse the key themes, theories, and constructs of prior studies. The findings show that the interactive co-creative experience is significant to create positive emotion and satisfaction for hotel guests. This positive emotion and satisfaction encourage the guests to come back to the hotel and recommend it to others. Interactional co-creation also leads to more engagement, which has been found to have a significant effect on hotel performance. Therefore, hotel management should invest time and money to train and encourage hotel employees to accelerate interaction and engagement with guests to create better experience for hotel guests. This should enhance hotel performance.
publishDate 2023
dc.date.none.fl_str_mv 2023-10-16T15:33:58Z
2023-01-01T00:00:00Z
2023
2023-10-16T16:33:33Z
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10.34624/rtd.v41i0.29650
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dc.publisher.none.fl_str_mv Universidade de Aveiro
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