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
Office Buildings | Feb 9, 2023
Post-Covid Manhattan office market rebound gaining momentum
Office workers in Manhattan continue to return to their workplaces in sufficient numbers for many of their employers to maintain or expand their footprint in the city, according to a survey of more than 140 major Manhattan office employers conducted in January by The Partnership for New York City.
Giants 400 | Feb 9, 2023
New Giants 400 download: Get the complete at-a-glance 2022 Giants 400 rankings in Excel
See how your architecture, engineering, or construction firm stacks up against the nation's AEC Giants. For more than 45 years, the editors of Building Design+Construction have surveyed the largest AEC firms in the U.S./Canada to create the annual Giants 400 report. This year, a record 519 firms participated in the Giants 400 report. The final report includes 137 rankings across 25 building sectors and specialty categories.
University Buildings | Feb 8, 2023
STEM-focused Kettering University opens Stantec-designed Learning Commons
In Flint, Mich., Kettering University opened its new $63 million Learning Commons, designed by Stantec. The new facility will support collaboration, ideation, and digital technology for the STEM-focused higher learning institution.
Sustainability | Feb 8, 2023
A wind energy system—without the blades—can be placed on commercial building rooftops
Aeromine Technologies’ bladeless system captures and amplifies a building’s airflow like airfoils on a race car.
Codes and Standards | Feb 8, 2023
GSA releases draft of federal low embodied carbon material standards
The General Services Administration recently released a document that outlines standards for low embodied carbon materials and products to be used on federal construction projects.
University Buildings | Feb 7, 2023
Kansas City University's Center for Medical Education Innovation can adapt to changes in medical curriculum
The Center for Medical Education Innovation (CMEI) at Kansas City University was designed to adapt to changes in medical curriculum and pedagogy. The project program supported the mission of training leaders in osteopathic medicine with a state-of-the-art facility that leverages active-learning and simulation-based training.
Multifamily Housing | Feb 7, 2023
Multifamily housing rents flat in January, developers remain optimistic
Multifamily rents were flat in January 2023 as a strong jobs report indicated that fears of a significant economic recession may be overblown. U.S. asking rents averaged $1,701, unchanged from the prior month, according to the latest Yardi Matrix National Multifamily Report.
Giants 400 | Feb 6, 2023
2022 Reconstruction Sector Giants: Top architecture, engineering, and construction firms in the U.S. building reconstruction and renovation sector
Gensler, Stantec, IPS, Alfa Tech, STO Building Group, and Turner Construction top BD+C's rankings of the nation's largest reconstruction sector architecture, engineering, and construction firms, as reported in the 2022 Giants 400 Report.
Giants 400 | Feb 6, 2023
2022 Transit Facility Giants: Top architecture, engineering, and construction firms in the U.S. transit facility sector
Walsh Group, Skanska USA, HDR, Perkins and Will, and AECOM top BD+C's rankings of the nation's largest transit facility sector architecture, engineering, and construction firms, as reported in the 2022 Giants 400 Report.
Giants 400 | Feb 6, 2023
2022 Telecommunications Facility Sector Giants: Top architecture, engineering, and construction firms in the U.S. telecommunications facility sector
AECOM, Alfa Tech, Kraus-Anderson, and Stantec head BD+C's rankings of the nation's largest telecommunications facility sector architecture, engineering, and construction firms, as reported in the 2022 Giants 400 Report.