High cost of switching to substitutes (Starwood Hotels and Resorts)
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Limited number of substitutes means that customers cannot easily switch to other products or services of similar price and still receive the same benefits. High switching costs positively affect Starwood Hotels and Resorts. … |
Five Forces Analysis Survey |

Threat of Substitutes: High cost of switching to substitutes (Starwood Hotels and Resorts)
Limited number of substitutes means that customers cannot easily switch to other products or services of similar price and still receive the same benefits. High switching costs positively affect Starwood Hotels and Resorts.
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