Given Cheryl's extensive experience in the hospitality industry, her role as a banquet manager, and her location in Homer, IL, I estimate her hourly rate to be around $50. This rate is likely on the lower end due to her experience and skills, which are in high demand. However, without specific salary benchmarks or industry standards for banquet managers in her area, this estimate is conservative. Typically, experienced event managers and customer service professionals in the hospitality industry can command higher rates, but Cheryl's 48 years of experience and broad skill set suggest she may be able to command a higher rate, potentially in the range of $75-$100 per hour.