TY - JOUR
T1 - Luxury tourism through private sales websites
T2 - Exploration of prestige-seeking consumers’ motivations and managers’ perceptions
AU - Geerts, Angy
AU - Masset, Julie
N1 - Publisher Copyright:
© 2022 Elsevier Inc.
PY - 2022/6
Y1 - 2022/6
N2 - Luxury consumption through private sales travel websites is an intrinsic paradox because of the antagonism between luxury and discounts. Prior literature emphasizes that discounts are risky and may damage the notion of luxury itself and brand image. We provide a broader and deeper understanding of this paradox by means of a twofold qualitative approach on luxury consumers and hotel managers. By considering both luxury motivations (personal or social) and the importance of price as an indicator of prestige, four types of luxury consumers emerge. Our findings counterintuitively show that some luxury consumers accept discounted prices on luxury, even if they show social luxury consumption motivations. This antagonism makes less sense for consumers who do not consider price as signaling prestige to others. From a managerial perspective, our results can also help create private sales websites with a differentiated approach according to the profiles of consumers and of luxury hotels.
AB - Luxury consumption through private sales travel websites is an intrinsic paradox because of the antagonism between luxury and discounts. Prior literature emphasizes that discounts are risky and may damage the notion of luxury itself and brand image. We provide a broader and deeper understanding of this paradox by means of a twofold qualitative approach on luxury consumers and hotel managers. By considering both luxury motivations (personal or social) and the importance of price as an indicator of prestige, four types of luxury consumers emerge. Our findings counterintuitively show that some luxury consumers accept discounted prices on luxury, even if they show social luxury consumption motivations. This antagonism makes less sense for consumers who do not consider price as signaling prestige to others. From a managerial perspective, our results can also help create private sales websites with a differentiated approach according to the profiles of consumers and of luxury hotels.
KW - Luxury tourism
KW - Prestige-seeking behavior
KW - Private sales websites
KW - Qualitative approach
UR - http://www.scopus.com/inward/record.url?scp=85126121894&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2022.02.083
DO - 10.1016/j.jbusres.2022.02.083
M3 - Article
AN - SCOPUS:85126121894
SN - 0148-2963
VL - 145
SP - 377
EP - 386
JO - Journal of Business Research
JF - Journal of Business Research
ER -