Role of Customer Relationship Management in Hotel Industry in the United Kingdom (A case study of The Marriott Hotel London UK)

Abstract Today,service organizations are shifting their focus from “transactional exchange” to “relational exchange” for developing mutually satisfying relationship with customers. Extended relationships are reported to have a significant impact on transaction cost and profitability, and customer lifetime value. Serving the customers, in true sense, is the need of the hour as the customer was, is …