High-end hotels in the U.S. have been having a good 2012 and can expect to do even better next year, with average daily room rates expected to be up 5.3% in 2013 compared to 4.7% this year and the 2.8% long-term average, according to PKF Hospitality Research. That bodes well for firms doing hotel design and construction.
On the retail side, the ULI Center for Capital Markets and Real Estate forecasts vacancy rates to begin to turn around this year, down to 12.5% in 2013. Retail rentals should be up 2.0% next year, says the ULI. +
TOP 10 HOSPITALITY SECTOR ARCHITECTURE FIRMS
Rank | Company | 2011 Hospitality Revenue ($) |
1 | WATG | 54,939,171 |
2 | Gensler | 51,750,000 |
3 | HKS | 32,336,523 |
4 | HOK | 18,287,163 |
5 | Hnedak Bobo Group | 14,580,025 |
6 | tvsdesign | 14,188,382 |
7 | RTKL Associates | 13,970,968 |
8 | BLT Architects | 12,200,000 |
9 | BBG-BBGM | 12,058,000 |
10 | Perkins Eastman | 11,050,000 |
TOP 10 HOSPITALITY SECTOR ENGINEERING FIRMS
Rank | Company | 2011 Hospitality Revenue ($) |
1 | AECOM Technology Corp. | 296,000,000 |
2 | Parsons Brinckerhoff | 17,600,000 |
3 | Rolf Jensen & Associates | 9,000,000 |
4 | Arup | 8,838,492 |
5 | Jacobs | 6,310,000 |
6 | KPFF Consulting Engineers | 6,000,000 |
7 | Thornton Tomasetti | 5,850,000 |
8 | WSP USA | 5,300,000 |
9 | Michael Baker Jr., Inc. | 4,340,000 |
10 | Stantec | 4,230,000 |
TOP 10 HOSPITALITY SECTOR CONSTRUCTION FIRMS
Rank | Company | 2011 Hospitality Revenue ($) |
1 | Tutor Perini Corp. | 839,703,000 |
2 | Swinerton | 243,415,560 |
3 | Hardin Construction | 239,457,598 |
4 | Structure Tone | 223,330,000 |
5 | Balfour Beatty US | 170,785,709 |
6 | Hunt Construction Group | 164,500,000 |
7 | Yates Co., The | 137,600,000 |
8 | Weitz Co., The | 118,200,000 |
9 | Pepper Construction Group | 89,843,000 |
10 | Manhattan Construction Group | 84,325,000 |
TOP 10 RETAIL SECTOR ARCHITECTURE FIRMS
Rank | Company | 2011 Retail Revenue ($) |
1 | Gensler | 84,700,000 |
2 | RTKL Associates | 58,957,056 |
3 | MulvannyG2 Architecture | 42,033,036 |
4 | WD Partners | 35,294,000 |
5 | Perkowitz+Ruth Architects | 32,686,910 |
6 | MBH Architects | 30,541,000 |
7 | RSP Architects | 17,641,000 |
8 | FRCH Design Worldwide | 16,630,000 |
9 | LawKingdon Architecture | 15,600,000 |
10 | CASCO Diversified Corp. | 14,650,000 |
TOP 10 RETAIL SECTOR ENGINEERING FIRMS
Rank | Company | 2011 Retail Revenue ($) |
1 | AECOM Technology Corp. | 136,000,000 |
2 | Jacobs | 60,550,000 |
3 | Stantec | 59,220,000 |
4 | Henderson Engineers | 47,600,000 |
5 | URS Corp. | 23,650,000 |
6 | Parsons Brinckerhoff | 21,700,000 |
7 | Wiss, Janney, Elstner Associates | 18,562,000 |
8 | Bergmann Associates | 14,200,000 |
9 | Science Applications Int’l Corp. | 11,860,000 |
10 | Wallace Engineering | 7,210,000 |
TOP 10 RETAIL SECTOR CONSTRUCTION FIRMS
Rank | Company | 2011 Retail Revenue ($) |
1 | Whiting-Turner Contracting Co., The | 396,821,222 |
2 | Shawmut Design and Construction | 276,700,000 |
3 | PCL Construction Enterprises | 188,344,721 |
4 | EMJ Corp. | 164,437,662 |
5 | Weitz Co., The | 136,700,000 |
6 | Structure Tone | 97,500,000 |
7 | O’Neil Industries / W.E. O’Neil | 96,620,000 |
8 | Ryan Companies US | 92,895,680 |
9 | E.W. Howell | 79,395,000 |
10 | KBE Building Corp. | 70,365,040 |
Related Stories
Multifamily Housing | Jun 3, 2021
Student Housing Trends 2021-2022
In this exclusive video interview for HorizonTV, Fred Pierce, CEO of Pierce Education Properties, developer and manager of off-campus student residences, chats with Rob Cassidy, Editor, MULTIFAMILY Design + Construction about student housing during the pandemic and what to expect for on-campus and off-campus housing in Fall 2021 and into 2022.
Architects | Jun 2, 2021
Two new practice leaders appointed at FGM Architects
FGM Architects appoints Jan Behounek to lead Higher Education and Scott Nall to lead Federal Practice.
Building Technology | Jun 1, 2021
Orro Announces Google Nest Integration for the Orro Switch
Orro, creators of the professional-grade top-of-the-line Orro Smart Living System, today announced the integration of Nest products to Orro. As a certified partner in Google’s Device Access program, this latest Orro integration allows homeowners to have seamless control and access to Nest thermostats and doorbells from any Orro Switch throughout the home – creating a single unified smart home system with advanced, intelligent ambient control.
High-rise Construction | May 27, 2021
The anti-high rise: Seattle's The Net by NBBJ
In this exclusive video interview for HorizonTV, Ryan Mullenix, Design Partner with NBBJ, talks with BD+C's John Caulfield about a new building in Seattle called The Net that promotes wellness and connectivity.
Digital Twin | May 24, 2021
Digital twin’s value propositions for the built environment, explained
Ernst & Young’s white paper makes its cases for the technology’s myriad benefits.
Senior Living Design | May 19, 2021
Senior living design: Post-COVID trends and innovations
Two senior living design experts discuss the latest trends and innovations in the senior living building sector.
Multifamily Housing | May 18, 2021
Multifamily housing sector sees near record proposal activity in early 2021
The multifamily sector led all housing submarkets, and was third among all 58 submarkets tracked by PSMJ in the first quarter of 2021.
Wood | May 14, 2021
What's next for mass timber design?
An architect who has worked on some of the nation's largest and most significant mass timber construction projects shares his thoughts on the latest design trends and innovations in mass timber.
Architects | May 10, 2021
Industry icon Art Gensler dead at 85
He was credited with creating a model for the modern, growth-oriented professional services organization.
Healthcare Facilities | Apr 30, 2021
Registration and waiting: Weak points and an enduring strength
Changing how patients register and wait for appointments will enhance the healthcare industry’s ability to respond to crises.