Title
How Extended Hotel Brands Affect the Lodging Portfolio?
Keywords
brand portfolio management, hotel, fit, familiarity, quality, brand effects
Abstract
The objective of this study was to evaluate the effects of extended hotel brands on its lodging brand portfolio. The research framework examines the effects of perceived quality and brand effects on attitudes toward extended brands, and subsequently on attitudes toward a lodging portfolio. Results showed that perceived quality, brand class and brand reputation were important in consumer evaluation of brand attitude toward extended brands. In addition, fit and familiarity seemed to be important variables of consumers’ attitude formation that moderates the attitude transferability between a brand portfolio and its extended brands. This article shows that hotel companies need to clearly understand how consumers perceive extended brands and its effects on a lodging portfolio for an effective brand portfolio management. The principle contribution of this article is that it provides the importance of holistic management strategy and its competitive advantages in brand portfolio management in the lodging industry.
Publication Date
5-1-2010
Original Citation
Kwun, D. (2010). How extended hotel brands affect the Lodging Portfolio? Journal of Retail and Leisure Property. 9(3), 179-191.
DOI
10.1057/rlp.2010.7
Number of Pages
179-191
Document Type
Paper
Language
English
Source Title
Journal of Retail and Leisure Property
Volume
9
Issue
3
Copyright Date
2010
College
Rosen College of Hospitality Management
Location
Rosen College of Hospitality Management
STARS Citation
Kwun, David J., "How Extended Hotel Brands Affect the Lodging Portfolio?" (2010). Rosen Faculty Scholarship and Creative Works. 88.
https://stars.library.ucf.edu/rosenscholar/88