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

| Dec 9, 2014

ABC economist predicts continued construction industry growth in 2015

In his latest report, ABC's Chief Economist Anirban Basu forecasts nonresidential construction spending to expand by roughly 7.5% next year, led by the power, lodging, office, and manufacturing sectors.

| Dec 8, 2014

How brick and mortar enables online retail

According to a shopping preferences study conducted by A.T. Kearney, as many as two-thirds of shoppers go to a physical store before or after making an online purchase, writes Gensler's Jill Nickels.

| Dec 8, 2014

The year’s boldest BIM/VDC themes

High-speed rendering software, custom APIs, virtual reality tools, and BIM workflow tips were among the hottest BIM/VDC topics in 2014. 

| Dec 8, 2014

AEC firms upbeat about financial results, 2015 looking rosier [exclusive BD+C survey]

The market outlook is brighter for U.S. architecture, engineering, and construction companies, with a majority of AEC firms reporting higher revenues, strong forecasts, and sound financial health, according to BD+C's annual Market Forecast Survey. 

| Dec 8, 2014

The global sanitation crisis leads to 2.5 million deaths every year

When we see the incredible technology being produced by global plumbing manufacturers, it’s hard to conceive why no viable technical solution to the global sanitation issue has come forth, writes BD+C's Robert Cassidy.

| Dec 8, 2014

Moshe Safdie wants to reinvent airports with Jewel Changi Airport addition

A new addition to Singapore's Changi Airport, designed by Moshe Safdie, will feature a waterfall and extensive indoor gardens.

| Dec 6, 2014

Future workplace designs shouldn’t need to favor one generation over another, says CBRE report

A new CBRE survey finds that what Millennials expect and need from offices doesn’t vary drastically from tenured employees.

| Dec 5, 2014

Plotting on the go: 3D-printed mechanical compass can print CAD drawings with high precision

Design student Ken Nakagaki has adapted a device to work with CAD software to replicate digital files on paper.

Sponsored | | Dec 5, 2014

New construction outlook report projects growth in 2015

A new 2015 construction outlook report predicts that total U.S. construction starts for 2015 will rise 9% to $612 billion. SPONSORED CONTENT

boombox1
boombox2
native1

More In Category


Warehouses

California bill would limit where distribution centers can be built

A bill that passed the California legislature would limit where distribution centers can be located and impose other rules aimed at reducing air pollution and traffic. Assembly Bill 98 would tighten building standards for new warehouses and ban heavy diesel truck traffic next to sensitive sites including homes, schools, parks and nursing homes.



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