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How Much do Hotel GMs Make in the US?

If you’re looking to pursue a career in the hospitality industry, becoming a Hotel General Manager (GM) is an excellent option. Hotel GMs are responsible for overseeing all day-to-day operations of a hotel, including managing staff, guest satisfaction, and financial performance. But how much do they make in the US?

In this blog post, we will discuss the salary of a hotel GM, factors that may affect their salary, and the highest-paying states in the US.

Hotel GM Salary in the US

According to the Bureau of Labor Statistics (BLS), the median annual salary for a hotel GM in the US was $104,240 per year, as of May 2020. However, the range of salaries can vary widely depending on factors such as the type of hotel, geographic location, and level of experience.

The lowest 10% of hotel GMs in the US made less than $50,110 per year, while the highest 10% made more than $208,000 per year. This wide range is due to several factors, such as the size and type of hotel, which can range from international luxury hotels to small local properties.

Factors Affecting Hotel GM Salary

Experience is a crucial factor that affects how much a hotel GM makes. Those with significant experience in the industry can expect higher salaries, especially if they have a track record of success in managing hotels.

Geographic location is another factor that can affect a hotel GM’s salary. The cost of living and demand for hotels in a particular area can influence a hotel’s financial performance and, therefore, the pay of its GM. For instance, hotel GMs in major metropolitan areas such as New York City, San Francisco, and Los Angeles can generally expect to earn more than those in smaller cities or rural areas.

The size and type of the hotel are also significant factors. An upscale international chain hotel will typically have a larger budget than a small independent hotel or a budget hotel, which can lead to higher pay for the GM.

Highest-Paying States for Hotel GMs

According to the BLS, the states with the highest average salaries for hotel GMs as of May 2020 are:

Hawaii – $166,400 per year
District of Columbia – $161,840 per year
New York – $146,900 per year
Massachusetts – $146,360 per year
Nevada – $145,670 per year

It’s important to note that while these states have the highest average salaries, the cost of living in some of these areas is also much higher than in other states.

Conclusion

In conclusion, the salary of a hotel GM in the US can vary significantly depending on factors such as experience, geographic location, and the type of hotel. Hotel GMs in major metropolitan areas and upscale hotels can typically expect to earn more than those in smaller cities or budget hotels. It’s essential to research these factors when considering a career in hotel management and to negotiate salary based on experience and qualifications.

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