General Manager Hotel salary in Iceland

Average Yearly Salary of General Manager Hotel in Iceland is approximately 11,523,182 ISK (81,089 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does General Manager Hotel do?

A General Manager of a hotel is responsible for overseeing all aspects of its operations, ensuring the smooth functioning and profitability of the establishment. They are in charge of managing staff, developing and implementing policies and procedures, and maintaining high-quality customer service standards. The General Manager also handles budgeting, financial planning, and expense control, as well as marketing and sales strategies to attract guests and increase revenue. They collaborate with various departments, including housekeeping, food and beverage, front desk, and maintenance, to ensure efficient operations. Additionally, they monitor guest satisfaction, address complaints, and maintain positive relationships with clients, vendors, and local authorities. The General Manager must possess strong leadership skills, excellent communication abilities, financial acumen, and a deep understanding of the hospitality industry.

Skills: General Manager, Hotel Operations, Customer Service, Financial Management, Leadership, Hospitality Industry
Job industry: Hospitality

How much does General Manager Hotel make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is General Manager Hotel a well paid job?

Yes, our data shows that General Manager Hotel is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for General Manager Hotel?

High salary for General Manager Hotel would be somewhere between 12,675,500 ISK and 16,708,614 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Manager Hotel in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 11,523,182 ISK
Estimated Monthly Salary: 960,265 ISK
Estimated Weekly Salary: 221,600 ISK per week
Estimated Hourly Salary: 5,540 ISK per hour
By working as General Manager Hotel a person can save up to 4,029 USD per month or 48,343 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for General Manager Hotel

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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