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A recent compensation review and analysis of more than 300 general managers of four and five star properties throughout the United States has resulted in AETHOS Consulting Group's 2016 Hotel General Managers Compensation Study. According to AETHOS Managing Director David Mansbach, author of the study, "as we move through the next phase of the lodging cycle it will be critical for organizations to attract and retain high performing general managers; as such, real time and credible compensation information is a must- have to set competitive compensation programs."The Survey highlights these notable findings:

  • The general managers of New York City hotels are the highest paid in a major U.S. market with a median total cash compensation of $319,000. San Francisco general managers ranked #2 among the cities whose general managers responded.
     
  • The median base salary for a hotel general manager in the United States is $178,000 and the median bonus is $40,000. In general, the median bonus payout for general managers around the country is approximately 22% of the base salary.
     
  • There is correlation between the size of the hotel and general manager compensation. Findings illustrate a significant jump in the median cash compensation based on room count.

For more details about the findings of the 2016 Hotel General Manager Compensation Survey, and to obtain a copy of the report, contact Dave Mansbach at dmansbach@aethoscg.com.

About AETHOS Consulting Group

AETHOS Consulting Group is a hospitality-focused advisory firm, renowned for its hands-on, consultative and bottom-line business approach. Through its offices in North America, Europe and Asia, AETHOS provides executive search, compensation consulting, business strategy, and performance, risk and asset management.AETHOS' research and white papers provide industry stakeholders with valuable insights and best practices that can dramatically improve business performance. The Daily News Wires ensure that executives are always up-to-date with trends, transaction activity and other relevant movements within the sector. In autumn 2015, AETHOS will present its first book "The Loneliness of Leadership", revealing the realistic yet motivational perspectives of becoming a leader in the service industry.Clients watching AETHOS' award-winning film "The Power of Advice" will hear first-hand about the challenges that leading hospitality personalities and their organizations have had to overcome - a task our principles are determined to assist with through expertise, transparency, integrity and humility. www.aethoscg.com

Contact: Leora Lanz

leoralanz@live.com

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