Abstract
This study aims to explore the willingness to pay for tourism social enterprise's travel products and to identify factors influencing the intention to pay additional expense for the product. For empirical study, a survey was conducted during the period from March 24 to April 6, 2015 in Busan, Korea and 406 samples were used for the final analysis. The results indicated that about 40% of respondents were willing to pay additional expense for the travel product of tourism social enterprise. Results of a dichotomous logit analysis indicated that potential tourists’ intention to pay additional expense for the products of tourism social enterprise is significantly influenced by age, marital status, recognition of tourism social enterprise, emotional consumption value and rarity consumption value. For significant consumption value, potential tourists with higher emotional value and rarity value show more tendency to pay additional expense for social enterprise's travel products. Practical and theoretical implications of the results are addressed with the directions for future study.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
