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
University Buildings | Feb 20, 2015
Penn strengthens campus security by reviving its surrounding neighborhood
In 1996, the University of Pennsylvania’s sprawling campus in Philadelphia was in the grip of an unprecedented crime wave. But instead of walling themselves off from their surrounding neighborhoods, the school decided to support the community.
Sports and Recreational Facilities | Feb 20, 2015
Chargers, Raiders propose joint stadium in Carson
Two rival teams may bring the NFL back to Los Angeles.
Cultural Facilities | Feb 20, 2015
‘Floating’ park on New York’s Hudson River moves one step closer to reality
The developers envision the 2.4-acre space as a major performance arts venue.
Multifamily Housing | Feb 19, 2015
Is multifamily construction getting too frothy for demand?
Contractors are pushing full speed ahead, but CoStar Group thinks a slowdown might be in order this year.
Architects | Feb 19, 2015
Illustrator Federico Babina imagines architecture from nowhere
The illustrator imagines architecture where past, present, and future intertwine.
Codes and Standards | Feb 18, 2015
USGBC concerned about developers using LEED registration in marketing
LEED administrators are concerned about a small group of developers or project owners who tout their projects as “LEED pre-certified” and then fail to follow through with certification.
Multifamily Housing | Feb 18, 2015
Make It Right unveils six designs for affordable housing complex
BNIM is among the six firms involved in the project.
Office Buildings | Feb 18, 2015
Commercial real estate developers optimistic, but concerned about taxes, jobs outlook
The outlook for the commercial real estate industry remains strong despite growing concerns over sluggish job creation and higher taxes, according to a new survey of commercial real estate professionals by NAIOP.
Museums | Feb 18, 2015
Foster + Partners' National Museum of Marine Science and Technology breaks ground in Taiwan
The museum will be home to an aquarium, exhibition space, and waterfront views.
University Buildings | Feb 18, 2015
Preparing for the worst: Campus security since Virginia Tech
Seven years after the mass shootings at Virginia Tech, colleges and universities continue to shake up their emergency communications and response capabilities to shootings and other criminal threats.
