An independent look at your hotel's revenue, and a plan you can run.I audit how your Chicago hotel prices, restricts, distributes and forecasts its rooms, then give you a ranked roadmap, a 12-month pricing calendar and training for your team. Fixed scope, fixed price, remote in Central Time (UTC-6), usually four to eight weeks.
Alaa Elhadi, an independent revenue management consultant, provides hotel revenue management consulting for hotels, resorts and serviced apartments in Chicago, United States, one to one, remotely and in Central Time (UTC-6). In Chicago, I price June to August as the peak and January to March as the quiet time, and I build the work around that calendar. Hotel revenue management consulting is a fixed-scope, fixed-price engagement quoted after a free discovery call, based on room count, room types, channels and scope. An audit with a strategy roadmap is a single project fee, usually delivered in four to eight weeks.
Start in the chat or by email. Last updated .
100+
Properties optimized in and around Chicago
1-on-1
Directly with Alaa, no account-manager layer
Central Time
Sessions scheduled in your local time
Hotel revenue management consulting is an independent review followed by a plan. I look at 12 to 24 months of your own data, shop your comp set, and find where rates, restrictions or channels are costing you money. Unlike outsourcing, I do not make your daily decisions; your team does, with a better plan.
This is my view of 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.
For Chicago owners, I start with your building and registration, then review how your rental is priced across summer events, conventions and the long winter. Together we agree a plan that sets clear targets for every month, including January and February.
The service in general is described on my hotel revenue management consulting page; this page covers how I apply it in Chicago.
A review of the last 12 to 24 months: pricing decisions, rate architecture, restrictions, channel mix and cost, comp-set position, pace and the systems behind them, with every gap ranked by value.
Base rates and floors per room type, BAR levels tied to occupancy and pace, seasonal and event calendars and restrictions, written as a 12-month calendar your team can run.
Which channels to sell on, at what rate and with which promotions, so the mix protects margin: OTAs, corporate, wholesale, metasearch and direct.
A demand forecast, an annual budget, weekly pace reports and a workshop for your team, plus honest advice on revenue systems before you sign for one.
“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.
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.
Baseball returns and conventions pick up, so I lift weekends and keep weekday rates aimed at business visitors and medical stays.
Pride, the Air and Water Show and summer street festivals fill weekends, so I price each event date individually and hold rates firm.
Conventions and crisp autumn weekends stay strong, so I keep weekend rates firm and protect the busiest trade show weeks from early discounting.
The Christkindlmarket, the Magnificent Mile lights and holiday shopping lift weekends, so I price those and keep weekdays lower.
Price River North, the West Loop and Wrigleyville separately, because events and conventions hit them very differently.
Set Lollapalooza weekend and Marathon weekend as their own bands with 3-night minimums, loaded well ahead.
Add large McCormick Place conventions to the calendar individually rather than using a generic weekday uplift.
Give Wrigleyville homes a date-by-date Cubs home-game premium through the season.
In winter, lower floors, shorten weekend minimums and add weekly discounts for medical and corporate stays.
Performance has flattened
RevPAR is stuck while the market around you moves on.
Opening, renovating or rebranding
A new positioning needs a pricing and distribution strategy built from scratch.
An owner wants a second opinion
You need the operator's numbers checked by someone outside the hotel.
You have a team but want a better plan
Someone prices today and wants an audit, a calendar and training.
Thirty minutes on your property, your market and where you think revenue leaks. I scope the work and confirm the price before starting.
With read-only access to your PMS, channel manager and extranets I analyse the data, shop your comp set and talk to whoever sets rates today.
A written report and a working session: the gaps ranked by value, the strategy to close them and a 12-month calendar.
Step 4
I can set the strategy up in your systems, train your team and check in monthly, or run it for you as outsourced management.
Every engagement is fixed-scope and fixed-price. After a free discovery call you get the scope and the price in writing before any work starts. Training days and monthly check-ins are quoted separately.
| Option | What you get | Price |
|---|---|---|
| Audit and roadmap | Audit, ranked gap report, strategy and 12-month calendar | Fixed fee, quoted |
| Implementation support | Setup in your systems and team training | Quoted |
| Monthly check-ins | Optional review sessions after delivery | Quoted |
Real feedback from PriceLabs pricing strategy sessions with Alaa.
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
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
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
For hotel revenue management consulting, that is where my audit begins, because a finding here changes every recommendation after it. How 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.
Busiest in Chicago: May to October, with Lollapalooza in early August, the Chicago Marathon in October and Cubs home stands. June to August: Pride, the Air and Water Show and summer street festivals fill weekends, so I price each event date individually and hold rates firm. September to October: Conventions and crisp autumn weekends stay strong, so I keep weekend rates firm and protect the busiest trade show weeks from early discounting. For hotel revenue management consulting, my audit tests whether your current rates and restrictions capture these windows, and the 12-month calendar I hand over sets them in advance.
Summer-heavy seasonal spread, convention and concert premiums, and winter floor pricing paired with longer minimum stays. For hotel revenue management consulting, I check every recommendation against the Chicago calendar before I make it. September to October: Conventions and crisp autumn weekends stay strong, so I keep weekend rates firm and protect the busiest trade show weeks from early discounting.
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. That is the view I bring to hotel revenue management consulting in Chicago.
Results depend on the property, the starting point and the season, so I do not promise a number. In Chicago the first gains from hotel revenue management consulting usually come from the change with the clearest local signal: set Lollapalooza weekend and Marathon weekend as their own bands with 3-night minimums, loaded well ahead. I review progress against your own occupancy, ADR and RevPAR, not a market average.
Chicago sells mostly through Airbnb, Vrbo and Booking.com. June to August: Pride, the Air and Water Show and summer street festivals fill weekends, so I price each event date individually and hold rates firm. For hotel revenue management consulting in Chicago, my distribution review covers each channel's cost, contribution and rate position, then recommends a mix.
For hotel revenue management consulting, i begin with 12 to 24 months of your own data, so the first findings are about your property in Chicago, not the city. Add large McCormick Place conventions to the calendar individually rather than using a generic weekday uplift. Next: in winter, lower floors, shorten weekend minimums and add weekly discounts for medical and corporate stays.
Logan Square and Wicker Park: Restaurants, bars and the Blue Line; I price for younger leisure guests and music fans, with strong summer weekends. South Loop and Lincoln Park and Old Town get their own treatment. For hotel revenue management consulting, i review your comp set and rate position for your own part of Chicago, not the market average.
For hotel revenue management consulting, consulting gives you an independent view and a plan your own team can run, without handing the daily decisions to anyone. I have optimized 100+ properties in and around Chicago and work remotely in Central Time (UTC-6). Locally, that shows up in decisions like this: add large McCormick Place conventions to the calendar individually rather than using a generic weekday uplift.
Hotel revenue management consulting is a fixed-scope, fixed-price engagement quoted after a free discovery call, based on room count, room types, channels and scope. An audit with a strategy roadmap is a single project fee, usually delivered in four to eight weeks. The scope of hotel revenue management consulting is the same in every market, but the plan is not: in Chicago I would start from September to October: Conventions and crisp autumn weekends stay strong, so I keep weekend rates firm and protect the busiest trade show weeks from early discounting. To start, open the chat or email me with your property type and size in Chicago.
Yes. Hotel Revenue Management Consultant in Chicago is delivered remotely and scheduled in Central Time (UTC-6), and 100+ properties in and around Chicago have been optimized, including in areas such as Logan Square and Wicker Park. The engagement is remote and fixed-scope, with calls in your time zone and a written report your team can run. Start in the chat or by email and tell me what you run in Chicago.
The other services I offer in Chicago, for hotels and for Airbnb and short-term rentals. Each has its own page for this market.
Back to the revenue management consultant page for Chicago, or read the general page for hotel revenue management consulting.
If you also run properties outside Chicago, I work in these markets too, and each page is written for that market's own seasons, areas and rules.
Tell me what you run in Chicago and what you need. I reply in Central Time, confirm the scope and the price, and start only when you say so.
