The travel and sightseeing industry consists of various service entities such as travel agencies, hotels, airlines, transportations, restaurants, etc. This research is among these, focusing on the relationship between travel agency and hotel business ...
The travel and sightseeing industry consists of various service entities such as travel agencies, hotels, airlines, transportations, restaurants, etc. This research is among these, focusing on the relationship between travel agency and hotel business partners with the application of conventional exchange relations, transaction cost analysis, and relationship marketing theories.
The objectives of this study are to investigate the effects of relationship building factors, exchange relationship factors, and relationship marketing factors in the travel agency-hotel business partnerships on relational performance such as intention to continue the exchange relational maintenance and joint new travel product development. The relationship building factors are comprised of 3 parts of variables: exchange partner firm's characteristics, the staffs' characteristics, and both firms' relational characteristics. These variables were hypothesized to affect not only relational marketing variables of trust, relational satisfaction, and relational commitment, but also exchange relationship variables of sources of power, dependency, and conflict.
In addition, the exchange relationship variables are hypothesized to affect the relationship marketing variables. That is, source of power, dependency, and conflict are theorized to influence the relationship quality between the related two parties. These two groups of variables, in turn, are hypothesized to affect their relational performance.
Series of survey were conducted to collect the data with samples of travel agencies located in Seoul, Pusan, and Gwangju areas. Trained interviewers visited the travel agency offices and asked the respondents to fill out the prepared questionnaires while visiting other offices. 200 usable questionnaires were collected and used for the analyses.
Validity and reliability of the construct measurements were secured with relevant confirmatory factor analyses and coefficient Alpha reliability analyses. Several multiple regression analyses and path analyses were employed to test the hypotheses on the relationships among the constructs.
The empirical findings are as follows.
First, the relationship building variables of the relationship characteristics between travel agency and hotel and hotel staffs' characteristics were not found to affect the hotel's sources of power but the relational characteristics such as exchange intensity, cooperative intention and communication between two service industries were strongly affected positively to the hotel's sources of power toward its partner travel agency. In addition, all three exterior variables drives travel agencies to perceive dependency on their partner hotels.
Second, the relationship building variables except the hotel staff's characteristics were found to affect positively also relationship quality such as trust, relative satisfaction, and relational commitment that are shown to have causal relationship(trust→satisfaction→commitment).
Third, the hotel's sources of power were found to affect positively the travel agency's perceived dependency on the partner hotel, to affect negatively the conflict perception, and to affect positively the relationship quality.
Fourth, the travel agency's perceived dependency was shown to influence conflict perception positively and the conflict perception was found to affect the relationship quality negatively.
Finally, the perceived dependency affected positively the intentions to continue the exchange relationship and the conflict perception affected negatively the same intention. The relationship quality was found to affect substantially the intention to continue the partnership relations
The results of this research seem to explain the importance of relationship quality in the maintenance and development of the partnerships between travel agencies and hotel business. This research provides also a few practical implications for the Hotel and travel industries.