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
| Apr 11, 2014
Start your engines: Ferrari plans to build first ever hotel
Clad in the carmaker's signature "Ferrari red," the hotel will resemble the grill and hood of one of its iconic cars.
| Apr 10, 2014
Collegiate sports becoming greener: Survey
A survey conducted from May through June 2013 by the University of Arizona Office of Sustainability and published by the Natural Resources Defense Council (NRDC)* finds that more collegiate athletic teams are adopting green and sustainable practices in operation of their sports facilities.
| Apr 10, 2014
Submit Your Project for a Bluebeam eXtreme Award!
Bluebeam is holding the second annual Bluebeam eXtreme Awards at the 2014 Bluebeam eXtreme Conference in Hollywood, Calf.
| Apr 9, 2014
How patient-centered medical homes can help healthcare providers and patients
Beyond reducing the number of uninsured Americans, the Affordable Care Act is driving new types of healthcare facilities, especially patient-centered medical homes.
| Apr 9, 2014
Colossal aquarium in China sets five Guinness World Records
With its seven salt and fresh water aquariums, totaling 12.87 million gallons, the Chimelong Ocean Kingdom theme park is considered the world’s largest aquarium.
| Apr 9, 2014
Gregory Hodkinson appointed head of Arup Group
Hodkinson has spent his professional career at Arup and brings more than 40 years' experience in large-scale projects to the new role, including several in the US and Canada.
| Apr 9, 2014
5 important trends shaping today’s hotel construction market
AEC firms, developers, and investors worldwide are bullish on hotels. Our hospitality Giants share what’s new in this fast-morphing sector.
| Apr 9, 2014
Steel decks: 11 tips for their proper use | BD+C
Building Teams have been using steel decks with proven success for 75 years. Building Design+Construction consulted with technical experts from the Steel Deck Institute and the deck manufacturing industry for their advice on how best to use steel decking.
| Apr 8, 2014
Gehry, Foster unveil plans for Battersea Power Station redevelopment [slideshow]
Phase 3 of the massive redevelopment of the London landmark will include more than 1,300 residential units, a 160-room hotel, and 350,000 sf of retail space.
| Apr 8, 2014
Fire resistive curtain wall helps The Kensington meet property line requirements
The majority of fire rated glazing applications occur inside a building to allow occupants to exit the building safely or provide an area of refuge during a fire. But what happens when the threat of fire comes from the outside? This was the case for The Kensington, a mixed-use residential building in Boston.
