flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Global boom for hotels; for retail, not so much

Global boom for hotels; for retail, not so much

The Giants 300 Top 10 Firms in the Hospitality and Retail sectors.


By By BD+C Staff | July 20, 2012
The 230-room InterContinental One Thousand Island Lake Resort, in Qiandaohu Lake
The 230-room InterContinental One Thousand Island Lake Resort, in Qiandaohu Lake, China, designed by WATG for the Wanxiang Group
This article first appeared in the July 2012 issue of BD+C.

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

| Oct 19, 2011

THOUGHT LEADER: Samuel S. Unger, RA, MCR, SLCR, MBA, is the Americas Real Estate Leader for Ernst & Young, LLP

Samuel S. Unger,  RA, MCR, SLCR, MBA, is the Americas Real Estate Leader for Ernst & Young, LLP, Atlanta. He also serves as president of the CoreNet Global Atlanta chapter. In addition to managing 6.8 million square feet of real estate in North and South America, his responsibilities include real estate strategy for area practices, management of external professional alliances, requirements definition, business case development and approval, real estate negotiation and lease development, and oversight of construction projects for the portfolio. He holds a bachelor’s degree from Harvard College, an MLA and MArch from the University of Pennsylvania, and an MBA from Temple University.

| Oct 19, 2011

Another drop for Architecture Billings Index

Positive conditions seen last month were more of an aberration.

| Oct 19, 2011

System for installing grease duct enclosures achieves UL listing

  Updated installation results in 33% space savings.

| Oct 18, 2011

Michel Bruneau wins 2012 AISC T.R. Higgins Award

The AISC T.R. Higgins Lectureship Award is presented annually by the American Institute of Steel Construction (AISC) and recognizes an outstanding lecturer and author whose technical paper(s) are considered an outstanding contribution to the engineering literature on fabricated structural steel. 

| Oct 18, 2011

Dow Building Solutions invests in two research facilities to deliver data to building and construction industry

  State-of-the-art monitoring system allows researchers to collect, analyze and process the performance of wall systems.

| Oct 18, 2011

Architectural leaders join Gehry to form strategic alliance

Alliance dedicated to transforming the building industry through technology.

| Oct 18, 2011

St. Martin’s Episcopal School expands facilities

  Evergreen commences construction on environmentally sustainable campus expansion.

| Oct 17, 2011

THOUGHT LEADER: Allan Bilka, Senior Staff Architect and Secretariat to the IGCC

Allan Bilka, RA, is a Senior Staff Architect and Secretariat to the International Green Construction Code (IgCC) with the International Code Council, based in the ICC’s Chicago district office. He also serves as staff liaison to the ICC-700 National Green Building Standard. He has written several ICC white papers on green building and numerous green-related articles for the ICC. A registered architect, Bilka has over 30 years of combined residential design/build and commercial consulting engineering experience.

| Oct 17, 2011

Austin's newest urban apartment complex under construction

Complex sits on a four-acre waterfront site along Lady Bird Lake with spectacular city and lake views, and is slated to open spring 2013.

boombox1
boombox2
native1

More In Category


Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.



Libraries

Reasons to reinvent the Midcentury academic library

DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021