Your hotel's revenue manager, without the full-time hire.I take over the revenue manager role for Chicago hotels, resorts and serviced apartments: daily rates, restrictions, forecasting and distribution, with a monthly report you can check. Plans start from $650 a month by hotel size, month to month, remote in Central Time (UTC-6).
Alaa Elhadi, an independent revenue management consultant, provides outsourced hotel revenue management 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 plans are priced monthly by hotel size, with Core from $650 a month, Plus adding channel and segment optimization and Pro adding forecasting and a monthly strategy call. They run month to month and are never a percentage of revenue.
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
Outsourced hotel revenue management means I do the job of the revenue manager for you: I watch the comp set and pace every day, move rates and restrictions, manage the OTAs, forecast demand and report each month. You keep control of the hotel and see every decision.
What I plan around in Chicago: Lollapalooza and summer festivals; McCormick Place conventions; Cubs, Bears and Bulls seasons; Christmas markets and Magnificent Mile lights. Guests I price for: Weekend leisure guests, convention attendees and families visiting Wrigleyville, River North and the West Loop. Where I start: Summer-heavy seasonal spread, convention and concert premiums, and winter floor pricing paired with longer minimum stays.
For Chicago hotels, my five-star chain background helps me manage convention groups, corporate accounts and leisure weekends, set rate fences around citywide events and pick a comp set by neighbourhood, not just by brand or star rating, so a South Loop hotel is never benchmarked against one by the river.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in Chicago.
I monitor your comp set and booking pace every day and move rates, rate plans and restrictions as demand shifts, room type by room type.
I manage the channel mix, parity and promotions together across Booking.com, Expedia, Agoda, Google and your own site, so cost of sale does not eat the gain.
On the higher plans I forecast demand by month and segment, build the annual budget and keep a 12-month pricing calendar tied to the market's real dates.
You get a monthly performance summary, a full ADR, occupancy and RevPAR report on Plus and Pro, and on Pro a monthly strategy call and a quarterly review.
“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.
No revenue manager
The role left or was never hired, and rooms are priced between other duties.
Results have plateaued
RevPAR has stopped moving while the comp set keeps learning.
More than one property
You want one consistent method across a small group without building a department.
An owner or asset manager
You want decisions made by a specialist and reported in numbers you can check.
Room count, room types, channels and the systems you use. I confirm the plan level and the monthly price for your size.
I study your market, comp set and current rates, set up the strategy and connect your PMS or channel manager and pricing tool.
I adjust rates, restrictions and promotions as demand moves, and manage your OTAs on Plus and Pro.
Step 4
You get the report against budget and last year, and on Pro we meet monthly, so nothing I do is hidden.
Priced monthly by your hotel's size, not per room. Core, Plus and Pro, month to month, never a percentage of revenue. Hotels of 200 or more rooms, luxury properties and groups are quoted individually.
| Option | What you get | Price |
|---|---|---|
| Core, up to 20 rooms | Managed pricing, run for you every day | From $650/mo |
| Plus | Pricing plus OTA, channel and segment optimization | By hotel size |
| Pro | Full revenue management with forecasting and a monthly strategy call | By hotel size |
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
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 outsourced hotel revenue management, i raise floors and tighten minimum stays ahead of these windows and review pace every week, so the strongest dates never sell early at a shoulder rate.
For outsourced hotel revenue management, that is the first thing I check before taking on the pricing, because everything else sits on top of 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.
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. For outsourced hotel revenue management, i start with base rates, the seasonal calendar and restrictions, because that is where a Chicago property usually leaks the most.
For outsourced hotel revenue management, in the quiet months my job is to protect the floor, close gaps with length-of-stay and last-minute rules, and keep the property visible on every channel. Quietest in Chicago: January to March. January to March: 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. April to May: Baseball returns and conventions pick up, so I lift weekends and keep weekday rates aimed at business visitors and medical stays.
Winter prices that barely change from autumn, leaving long empty stretches in January and February and units rented without confirming they are eligible under the city's registration rules. I look for these first when I review outsourced hotel revenue management in Chicago, and fixing them is usually the quickest gain.
For outsourced hotel revenue management in Chicago, i manage channel mix, parity and promotions together, so the cheapest route to a booking is not the most expensive one for you. Chicago sells mostly through Airbnb, Vrbo and Booking.com. April to May: Baseball returns and conventions pick up, so I lift weekends and keep weekday rates aimed at business visitors and medical stays.
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 and Logan Square and Wicker Park get their own treatment. For outsourced hotel revenue management, i set rates, comp sets and restrictions per area and per room or listing type, not as one citywide number.
Christmas markets and Magnificent Mile lights, Lollapalooza and summer festivals and McCormick Place conventions are the dates I price first for outsourced hotel revenue management in Chicago. November to December: The Christkindlmarket, the Magnificent Mile lights and holiday shopping lift weekends, so I price those and keep weekdays lower.
For outsourced hotel revenue management, you get one experienced person who knows your numbers, with a small team and a tool stack behind me, and no account-manager layer in between. 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: set Lollapalooza weekend and Marathon weekend as their own bands with 3-night minimums, loaded well ahead.
Hotel revenue management plans are priced monthly by hotel size, with Core from $650 a month, Plus adding channel and segment optimization and Pro adding forecasting and a monthly strategy call. They run month to month and are never a percentage of revenue. The scope of outsourced hotel revenue management is the same in every market, but the plan is not: in Chicago I would start from 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. To start, open the chat or email me with your property type and size in Chicago.
Yes. Outsourced Hotel Revenue Manager 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 Lincoln Park and Old Town. I work in your time zone, report monthly, and the engagement runs month to month with no long-term lock-in. 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 outsourced revenue management.
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.
