2012
DOI: 10.1016/j.ijhm.2011.06.012
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The relationship between CRM, RM, and business performance: A study of the hotel industry in Taiwan

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Cited by 124 publications
(108 citation statements)
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“…More specifically, CRM is regarded as one of the best strategies and practices for hotels in order to develop their performance and thus to make sure that their long-term business is survival (Wu & Lu, 2012) [41]. It is worth mentioning that CRM is mainly based on the belief that establishing long-term relationships with customers is critical for obtaining loyal customers who are much more profitable than non -loyal ones (Dowling, 2002) [11].…”
Section: Introductionmentioning
confidence: 99%
“…More specifically, CRM is regarded as one of the best strategies and practices for hotels in order to develop their performance and thus to make sure that their long-term business is survival (Wu & Lu, 2012) [41]. It is worth mentioning that CRM is mainly based on the belief that establishing long-term relationships with customers is critical for obtaining loyal customers who are much more profitable than non -loyal ones (Dowling, 2002) [11].…”
Section: Introductionmentioning
confidence: 99%
“…Therefore, in several types of research, customer orientation has highlighted as an important component of CRM (Wang et al, 2010) and applying it to studies of relationships between CRM, RM (relationship marketing) and business performance in the hospitality industry (Wu and Lu, 2012). Also, numerous researchers have highlighted the significant effects of leading studies on CRM components in the hotel industry.…”
Section: Crm Componentsmentioning
confidence: 99%
“…It has been argued that BSC can provide a deeper understanding of business performance because it does not only includes traditional financial approach to assess tangible assets, but also uses non-financial approaches to assess intangible assets or intellectual property (Wu & Lu, 2012). In addition, financial dimension cannot alone give a complete understanding of CRM effects, and therefore, the overall performance that involve financial and non financial dimensions are used in the assessment of CRM outcomes (Wu & Hung, 2007) .…”
Section: Measuring Hotel Performancementioning
confidence: 99%
“…Even though CRM technology has been linked to organizational performance, there is a lack of empirical research that investigates the relationship of CRM technology and various dimensions of hotel performance (Fan & Ku, 2010;Wu & Lu, 2012). Therefore, CRM is bound to constantly receive attention for future research in hospitality industry.…”
Section: Introductionmentioning
confidence: 99%