The influence of consumer participation on customer lifetime value and influence value in the context of luxury hotels: The role of place attachment and memorable experience
DOI:
https://doi.org/10.24311/jabes/2025.36.11.06Keywords:
participation, lifetime value, influence value, place attachment, memorable experienceAbstract
The role of value co-creation, specifically consumer participation, in driving positive outcomes and the underlying mechanisms leading to these outcomes remain unclear. Therefore, this study establishes and empirically tests a model linking consumer participation to customer lifetime value and influence value through the mediating roles of place attachment and memorable experience. Hypotheses were tested using the partial least squares structural equation modeling (PLS-SEM) technique with SmartPLS software on a sample of 316 consumers. The results support both the direct and indirect hypotheses. Based on these findings, the study offers theoretical and managerial implications to enhance consumer participation.
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