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Leisure Sciences
An Interdisciplinary Journal
Volume 32, 2010 - Issue 3
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Research Articles

Towards an Integrative Model of Loyalty Formation: The Role of Quality and Value

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Pages 201-221 | Received 07 Jun 2008, Accepted 18 Sep 2009, Published online: 29 Apr 2010
 

Abstract

Researchers have noted the utility of the Investment Model in explaining the formation of loyalty. This study extends the Investment Model in a leisure service context by including two additional constructs of quality and value. Quality and value are proposed as antecedents of satisfaction, with their effects on loyalty mediated by satisfaction. Results from an online panel survey of American cruise passengers support these hypotheses. The study provides a model of loyalty building that may shed new insight on loyalty research.

This paper is based on the first author's dissertation.

Notes

∗∗∗p < 0.001.

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