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
| Feb 27, 2012
Consigli complete first building for Bigelow Ocean Sciences Campus
Designed by WBRC Architects Engineers in association with Perkins + Will.
| Feb 27, 2012
Hollister completes fit-out of 41,500-sf office space in Princeton, N.J.
Intricate interior project involved construction of more than 80 offices.
| Feb 27, 2012
Research Institute at Texas Children’s Hospital building receives LEED Gold
Innovative and sustainable design reflects best environmental building practices.
| Feb 26, 2012
Milwaukee U-Haul facility receives LEED-CI Silver
The new elements of the facility now include: efficient lighting with day-lighting controls and occupancy sensors, a high-efficiency HVAC system used in conjunction with a newly constructed thermal envelope to help reduce energy consumption, and the installation of low-flow fixtures to reduce water consumption.
| Feb 26, 2012
Hollister Construction awarded 42,000-sf office fit-out in Holtsville, N.Y.
Space leased by U.S. General Service Administration.
| Feb 26, 2012
Alvarez-Glasman & Colvin’s Chen LEED certified
Chen works closely with property owners to ensure that their properties meet and exceed all industry standards, and also provide long-term energy savings.
| Feb 24, 2012
ABI remains positive for three straight months
The AIA reported the January ABI score was 50.9, following a mark of 51.0 in December.
| Feb 24, 2012
Larry Lord joins HDR Architecture as south region science and technology director
A founding partner at Lord, Aeck & Sargent, Lord is nationally renowned for his leadership in architecture for complex projects.
| Feb 24, 2012
Pottorff elevated to principal at Ricci Greene Associates
Pottorff is recognized in the justice field as an expert solely dedicated to the design and planning of courts and urban jails in both the U.S. and Canada.