Executive Chef Salary at Lotte New York Palace Hotel BETA

How much does a Lotte New York Palace Hotel Executive Chef make?

As of April 2025, the average annual salary for an Executive Chef at Lotte New York Palace Hotel is $211,764, which translates to approximately $102 per hour. Salaries for Executive Chef at Lotte New York Palace Hotel typically range from $187,520 to $235,686, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Lotte New York Palace Hotel Overview

Website:
lottenypalace.com
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
Hospitality & Leisure

Lotte New York Palace, New York City's largest luxury hotel on the corner of 50th & Madison, was acquired by Lotte Hotels & Resorts on August 28, 2015. Previously, the property, with the help of Jeffrey DeBeers and HOK's Amy Beckman, completed a $140 million redesign in the fall of 2013. The renovation transformed the property's premier rooms and suites in The Towers, a hotel-within-a-hotel. Additional upgrades included new lobbies, specialty suites and restaurants and bars including Trouble's Trust, The Lobby Lounge, Rarities and Pomme Palais. In addition to 30,000 square feet of updated event space, The Palace is home to private spaces located in the historic Villard Mansion that feature 19th century interiors and are ideal for lavish weddings, events and dinners. VILLARD, the hotel's signature restaurant, serves breakfast Monday through Friday from 6:30 AM to 11:30 AM and Saturday and Sunday 7:00 AM to 12:00 PM; guests can enjoy brunch on Saturday and Sunday from 12:00 PM to 2:00 PM, as well. The all-new Gold Room Bar located within VILLARD will serve modern interpretations of classical, hand-crafted cocktails in addition to light fare and elevated bar bites Saturday and Sunday from 4:00 PM to 10:00 PM. With 909 rooms and suites, The Palace is known for unparalleled splendor, spectacular views, spacious rooms and exquisite service. Located across the street from St. Patrick's Cathedral and only steps from Rockefeller Center - the hotel's world-renowned courtyard incorporates motifs from several 15th-century Italian cathedrals and has served as the entranceway to the historic Villard Mansion since 1882. Lotte New York Palace gracefully blends the landmark Villard Mansion with a contemporary 55-story tower.

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What Skills Does a person Need at Lotte New York Palace Hotel?

At Lotte New York Palace Hotel, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
  2. Agile: Agile is a development process where feedback is continuously gathered from users to create the best user experience.
  3. VMware: Applying the VMware software to develop multiple virtual computer systems within a single server.
  4. Product Management: Product management is an organisational lifecycle function within a company dealing with the planning, forecasting, and production, or marketing of a product or products at all stages of the product lifecycle. Similarly, product lifecycle management (PLM) integrates people, data, processes and business systems. It provides product information for companies and their extended supply chain enterprise. The role may consist of product development and product marketing, which are different (yet complementary) efforts, with the objective of maximizing sales revenues, market share, and profit margins. Product management also involves elimination decisions. Product elimination begins with the identification of elimination candidates, proceeds with the consideration of remedial actions, continues with a projection of the impact on the business as a whole if a candidate product is eventually eliminated, and concludes with the implementation stage, where management determines the elimination strategy for an item. The product manager is often responsible for analyzing market conditions and defining features or functions of a product and for overseeing the production of the product. The role of product management spans many activities from strategic to tactical and varies based on the organizational structure of the company. To maximize the impact and benefits to an organization, Product management must be an independent function separate on its own.
  5. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

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Check more jobs information at Lotte New York Palace Hotel

Job Title Average Lotte New York Palace Hotel Salary Hourly Rate
2 Assistant Chief Engineer $304,786 $147
3 Assistant Director of Banquet $55,045 $26
4 Bell Captain $38,313 $18
5 Director of Housekeeping $103,854 $50
6 Director of Stewarding $114,437 $55
7 Director, Communications $197,559 $95
8 Executive Director, Finance $202,679 $97
9 Guest Experience Ambassador $32,979 $16
10 Guest Experience Coordinator $57,153 $27
11 Guest Service $38,861 $19
12 Hospitality Specialist $125,258 $60

Hourly Pay at Lotte New York Palace Hotel

The average hourly pay at Lotte New York Palace Hotel for an Executive Chef is $102 per hour. The location, department, and job description all have an impact on the typical compensation for Lotte New York Palace Hotel positions. The pay range and total remuneration for the job title are shown in the table below. Lotte New York Palace Hotel may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $211,764 look to you?

FAQ about Salary and Jobs at Lotte New York Palace Hotel

1. How much does Lotte New York Palace Hotel pay per hour?
The average hourly pay is $102. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Lotte New York Palace Hotel?
According to the data, the highest approximate salary is about $235,686 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Lotte New York Palace Hotel?
According to the data, the lowest estimated salary is about $187,520 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.