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This study analyzed the effects of travel agencies’ service quality and perceived value on customer satisfaction. The subjects were Busan and the Gyeongnam region, and a questionnaire survey was conducted from December 1, 2017 to December 24, 2017. The findings of the research \showed that the service quality and the perceived value increase customer satisfaction. In particular, it was found that the perceived value has greater effects on customer satisfaction than the service quality. Therefore, excellent service quality will have to be provided, and the perceived value will have to be enhanced so that customers may be fully satisfied for costs they paid.