Alaa Elhadi

Revenue Management

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Chicago, United States

Revenue management consultant and pricing expert in Chicago

Alaa Elhadi is an independent revenue management consultant for hotels, resorts, Airbnb hosts and property managers in Chicago. He has optimized 100+ properties in and around the market, and works with you 1-on-1, remotely, in Central Time (UTC-6).

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Working with Alaa in Chicago, at a glance

Alaa Elhadi is an independent revenue management consultant who works 1-on-1 with hotels, serviced apartments, Airbnb hosts and property managers in Chicago: pricing strategy, PriceLabs and Wheelhouse setup, hotel revenue consulting and channel optimization. Demand in Chicago peaks June to August and is softest January to March, and every plan he builds starts from that calendar.

Ask in the chat, or book a 1-on-1 strategy session from $125. Last updated .

100+

Properties optimized in and around Chicago

Cornell certified

Master certificate in Revenue Management, 18 years of experience

Central Time

1-on-1 sessions scheduled in your local time

Consultant's view

Alaa's take on Chicago

“Chicago is a strong summer city with a hard winter. Lollapalooza, the Marathon, Cubs home stands and McCormick Place conventions can fill May to October, but January to March needs a different plan rather than a small discount. Chicago's registration rules also mean I check whether a unit is eligible before any pricing work. After that, the details that move revenue are neighbourhood and event proximity.”

Alaa Elhadi, revenue management consultant. Cornell certified, 18 years in hotel and short-term rental revenue.

Chicago at a glance

Busiest
May to October, with Lollapalooza in early August, the Chicago Marathon in October and Cubs home stands.
Quietest
January to March.
Dates to price first
  • Lollapalooza and summer festivals
  • McCormick Place conventions
  • Cubs, Bears and Bulls seasons
  • Christmas markets and Magnificent Mile lights
From Alaa's consulting sessions

How Alaa would price a property in Chicago

The moves Alaa makes first when a hotel or host in Chicago books a session, and the errors he corrects most often. Every one is set up inside your own pricing tool, so it keeps working after the call.

Alaa's pricing playbook for Chicago

  1. 1

    Price River North, the West Loop and Wrigleyville separately, because events and conventions hit them very differently.

  2. 2

    Set Lollapalooza weekend and Marathon weekend as their own bands with 3-night minimums, loaded well ahead.

  3. 3

    Add large McCormick Place conventions to the calendar individually rather than using a generic weekday uplift.

  4. 4

    Give Wrigleyville homes a date-by-date Cubs home-game premium through the season.

  5. 5

    In winter, lower floors, shorten weekend minimums and add weekly discounts for medical and corporate stays.

Fully outsource your revenue management in Chicago

Hand the daily pricing and these moves to me and my team, month to month.

Contact me

Mistakes Alaa fixes most in Chicago

  • The same convention premium applied across the city when only certain neighbourhoods benefit.
  • Winter prices that barely change from autumn, leaving long empty stretches in January and February.
  • Units rented without confirming they are eligible under the city's registration rules.
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Alaa's pricing calendar

How I price Chicago through the year

Revenue management consultant in Chicago, United States
  1. January to MarchLow

    Cold weather slows leisure, so I lower floors, add weekly and monthly offers, and price the February auto show week near McCormick Place as a small peak.

  2. April to MayShoulder

    Baseball returns and conventions pick up, so I lift weekends and keep weekday rates aimed at business visitors and medical stays.

  3. June to AugustPeak

    Pride, the Air and Water Show and summer street festivals fill weekends, so I price each event date individually and hold rates firm.

  4. September to OctoberHigh

    Conventions and crisp autumn weekends stay strong, so I keep weekend rates firm and protect the busiest trade show weeks from early discounting.

  5. November to DecemberShoulder

    The Christkindlmarket, the Magnificent Mile lights and holiday shopping lift weekends, so I price those and keep weekdays lower.

Where I price Chicago differently

South Loop
Close to McCormick Place and the museums; I price for convention weekdays and family weekends, with event dates highest.
Lincoln Park and Old Town
Near the zoo, the lakefront and comedy clubs; I price for families and couples, with summer weekends and festivals at the top.
Logan Square and Wicker Park
Restaurants, bars and the Blue Line; I price for younger leisure guests and music fans, with strong summer weekends.

What I check first in a Chicago audit

  1. 1Whether the building appears on the city's prohibited buildings list and the unit is registered, because that decides whether short stays are possible at all.
  2. 2How close the unit is to the L, McCormick Place or the lakefront, since guests here choose by access to events rather than by bedroom count.
  3. 3Whether the listing shows the right city taxes and fees, because Chicago's surcharges make inconsistent displays look expensive on one channel.
Working with Alaa in Chicago

A revenue management consultant, pricing expert and hotel specialist for Chicago

One person does the thinking on your account. Choose the kind of help your property in Chicago needs; everything is remote, 1-on-1 and scheduled in your time zone.

Packages and pricing

My PriceLabs strategy packages for Chicago

One-time and 1-on-1 on Zoom, priced by the listings in your account: from $125 to $615.

Every package includes, built for your Chicago listings

  • Pricing strategy setup and implementation
  • Revenue performance analysis
  • Competitor analysis
  • Gap-night solutions setup
  • Last-minute, early-bird and other promotions
  • Base, minimum and maximum price setup
  • OTA channel pricing optimization
  • Seasonal pricing setup
  • Expert revenue manager assigned to your account
PackageListingsSessionPrice
StarterUp to 2 listings45-minute Zoom session$125
Growth3 to 6 listings60-minute Zoom session$250
Portfolio7 to 10 listings90-minute Zoom session$370
Scale11 to 15 listings90-minute Zoom session$480
Pro16 to 21 listings120-minute Zoom session$615
Enterprise22 or more listings120 to 240-minute Zoom sessionFrom $635
See packages and book

Which package fits your Chicago portfolio

Starter, $125

One home in South Loop

I build its seasons, floors and stay rules against its own comparable listings.

Portfolio or Scale, $370 to $480

Listings across several areas

For example Lincoln Park and Old Town plus Logan Square and Wicker Park: I set each area up separately, with its own comp set, seasons and minimum stays.

22+ listings, from $635

More than 21 listings

The large-accounts calculator shows the exact price and session length for your listing count.

Large-accounts pricing

Questions about your Chicago property?

Tell me what you run in Chicago and what is not working. I reply in your time zone.

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Managed Airbnb pricing

Airbnb revenue management for Chicago

Done for you and month to month: I run your Chicago short-term rental pricing every week. From $225 a month, priced by listing count with no cap.

What I run for your Chicago listings

  • Daily rate monitoring and 2-3 price changes a week for listings in South Loop, Lincoln Park and Old Town, and Logan Square and Wicker Park
  • Peak rates and minimum stays set early for June to August
  • Base, minimum and maximum prices, gap nights and last-minute discounts
  • Run in PriceLabs or Wheelhouse, connected to your channel manager
  • Listing, promotions and Airbnb, Booking.com and Vrbo optimization on Plus
  • Monthly strategy call and a 12-month forecast on Pro; month to month, no lock-in
ListingsCorePlusPro
1 listing$225$305$395
5 listings$565$765$990
10 listings$965$1,305$1,690
25 listings$1,415$1,910$2,475
50 listings$1,865$2,520$3,265

Monthly prices. Managed plans start after the one-time PriceLabs strategy package above, so I build your Chicago strategy with you first.

See Airbnb management plansAirbnb revenue management

Which managed plan fits your Chicago rentals

Core, from $225/mo

Managed pricing, run for you every day

For hosts in South Loop who handle guests and listings themselves and want the pricing done every week.

Plus, from $305/mo

Pricing plus listing and channel optimization

For listings competing in Lincoln Park and Old Town: pricing plus listing content, promotions and channel work on every OTA.

Pro, from $395/mo

Full revenue management with a monthly strategy call

For portfolios across Logan Square and Wicker Park and beyond, with forecasting, launch pricing for new listings and a monthly call.

Price your exact listing count
Hotel revenue management outsourcing

Hotel revenue management outsourcing in Chicago

I work as your outsourced revenue manager in Chicago, priced by property size rather than per room: from $650 a month, after a one-time hotel pricing strategy setup from $750.

What your Chicago hotel gets

  • Daily rates and restrictions set against a Chicago comp set
  • Group, event and length-of-stay strategy around June to August
  • BAR and rate-plan strategy by room type
  • Connected to your PMS and channel manager, no new software to learn
  • OTA, metasearch and direct-booking mix with rate-parity checks on Plus
  • Forecasting, pace reports and a monthly strategy call on Pro
Hotel sizeCorePlusPro
BoutiqueUp to 20 rooms$650$900$1,150
Small21 to 50 rooms$950$1,300$1,650
Midsize51 to 100 rooms$1,400$1,900$2,450
Large101 to 200 rooms$2,000$2,700$3,500
Large & luxury200+ rooms, luxury or multi-propertyCustom quote

Monthly prices, month to month. The one-time setup builds your Chicago strategy before I take over.

See hotel plansRevenue management outsourcing

Which plan fits your Chicago hotel

Boutique, from $650/mo

A boutique hotel or guesthouse in South Loop

Up to 20 rooms: one comp set, daily rates and stay rules, without hiring a full-time revenue manager.

Small or Midsize

A city or resort hotel in Lincoln Park and Old Town

21 to 100 rooms: rate plans by room type, segment mix and event pricing, reported monthly.

200+ rooms or several hotels

Larger, luxury or multi-property in Chicago

For example a group with hotels in Lincoln Park and Old Town plus Logan Square and Wicker Park: quoted on size and complexity.

Ask for a custom quote
Consultant, not an agency

Why owners in Chicago hire Alaa directly

Most revenue problems are strategy problems. They get solved faster by one experienced person who looks at your numbers than by a process.

Cornell certified

Master certificate in Revenue Management from Cornell University, and 18 years of hands-on pricing work.

Hotel chain background

A decade running revenue for international five-star properties before moving into short-term rentals.

5.0 from 1,463 reviews

Client reviews on Fiverr, from single-listing hosts to large portfolios.

You talk to Alaa

No hand-off to a junior account manager. The person who reviews your property in Chicago is the one who sets the strategy.

Hotel revenue consultantsAirbnb revenue consulting
Insights

Alaa's notes that cover Chicago

All insights

Tools and channels I work in for Chicago properties

  • Revenuenaire Dynamic Pricing
  • PriceLabs
  • Wheelhouse
  • Beyond Pricing
  • DPGO
  • Pricepoint
  • Duetto
  • IDeaS
  • Hospitable
  • Hostaway
  • Guesty
  • OwnerRez
  • Lodgify
  • Smoobu
  • Beds24
  • Hostfully
  • Uplisting
  • Cloudbeds
  • Mews
  • SiteMinder
  • Little Hotelier
  • Opera Cloud
  • RoomRaccoon
  • Airbnb
  • Booking.com
  • Vrbo
  • Expedia
  • Agoda
  • Google Hotel Ads
  • Trivago
  • Tripadvisor
  • Furnished Finder
  • Direct booking website
Services in Chicago

Everything I do in Chicago

Sixteen dedicated pages for Chicago: hotel revenue management and consulting, Airbnb and short-term rental pricing, and optimization for each booking channel.

For hotels and resorts

For Airbnb and short-term rentals

What partners say

Trusted by hosts and managers worldwide

Real feedback from PriceLabs pricing strategy sessions with Alaa.

★★★★★

Savvy adjustments to my dynamic pricing

Alaa is a consummate professional! Patient, thorough, efficient and effective in communicating. He not only made savvy adjustments to my dynamic pricing strategy, but also helped me to understand the reasoning behind his methods, granting me a better understanding of the PriceLabs platform. Strong work!

Airbnb host

★★★★★

Great PriceLabs advice for every property

Alaa was fantastic, going through each of the properties I had and gave great advice and actioned a great game plan. Would highly recommend for anyone looking to enhance their pricing strategy on PriceLabs. Alaa's experience goes beyond this which makes it very beneficial to have this holistic approach.

Property manager

★★★★★

Helped me optimize my PriceLabs

Alaa helped me optimize my PriceLabs settings for my Airbnb listing and was very helpful and patient with answering any questions I had. He was also able to clearly explain why he made the changes he made, and it was obvious that he had a lot of experience in this field. I will definitely be back!

Airbnb host

FAQ

Questions Chicago owners ask Alaa

How should I price my Chicago rental for Lollapalooza?

As its own event band, opened months ahead, with a 3-night minimum. Alaa prices it by distance to Grant Park and guest capacity, since groups make up much of the demand.

How do I get bookings in a Chicago winter?

Alaa lowers floors, shortens weekend minimums and adds weekly and monthly discounts aimed at medical, corporate and relocation guests, while keeping holiday dates priced up.

Do Chicago Pride and summer street festivals justify premiums?

Yes, for homes close to the events. Pride weekend in late June and neighbourhood festivals draw visitors from across the region. I price those dates above ordinary summer weekends with two night minimums, while homes further away see a smaller lift.

How should I treat the Christmas season in Chicago?

As a few strong weekends rather than a full peak. The Christkindlmarket and holiday lights draw shoppers and families, so I price December weekends near downtown higher and keep midweek nights lower, with weekly offers for visiting families who come to see relatives over the holidays.

Has Alaa Elhadi worked with properties in and around Chicago?

Yes. Alaa has optimized 100+ properties in and around Chicago, from single Airbnb listings and small hotels to management companies running hundreds of units. Everything is remote on Zoom, scheduled in Central Time (UTC-6).

How do I start with Alaa in Chicago, and what does it cost?

Start a chat or book a session online. One-time PriceLabs strategy sessions are priced by your exact listing count from $125; managed plans start at $225 a month; hotel consulting is quoted per property; Revenuenaire Dynamic Pricing software is from $17.99 per listing per month. There is no minimum or maximum portfolio size.

Nearby markets

Other North America markets Alaa consults in

Alaa Elhadi consults for clients worldwide. Reviews and booking history are also visible on his Fiverr profile.

Get started

Want Alaa to look at your Chicago property?

Tell Alaa what you run and what is not working. You get a straight answer in the chat and a clear next step: a 1-on-1 session, a consulting proposal or managed pricing.

Email usChat with us

Instant answers from the assistant, a revenue manager follows up in the same chat.