The 28-year-old, who is out of contract at the KC Stadium, ended the campaign as the Tigers' top scorer.
"I am genuinely not sure what happens next," the former Leicester City player is quoted as saying by the Yorkshire Post. "It is good to know [that the manager would like me to stay] so we will sit down and talk.
"We will wait and see what is said. I honestly don't know where I will be next season but, looking back at this season, it has oddly been a good year.
"I finished the season as the top scorer without starting a Premier League game. But I have now scored in all the domestic leagues and cups. That is an achievement I am proud of."
Fryatt started last weekend's FA Cup final defeat against Arsenal.