Median annual earnings of lodging managers were $37,660 in May 2004. The middle 50 percent earned between $28,640 and $51,030. This is according to the Bureau of Labor Statistics.
Salaries of lodging managers are dependent upon the size and sales volume of the establishment and their specific duties and responsibilities. Managers may earn bonuses ranging up to 50 percent of their basic salary. In addition, they and their families may be furnished with lodging, meals, parking, laundry, and other services. Some hotels offer profit-sharing plans, tuition reimbursement, and other benefits to their employees.
Lodging managers held about 58,000 jobs in 2004. Self-employed managers—primarily owners of small hotels, motels, and inns—held about 45 percent of these jobs. Companies that manage hotels and motels under contract employed many managers.
For additional information, you can contact:
American Hotel and Lodging Association, 1201 New York Ave. NW, Suite 600, Washington, DC 20005-3931.