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

| Feb 21, 2014

Calatrava ordered to pay millions for 'shortcomings in his work' on conference center project

Famed architect Santiago Calatrava must pay 2.9 million euros due to faulty design work on the Palacio de Congresos project in Oviedo, Spain. 

| Feb 21, 2014

First look: Goettsch Partners reveals 'lighthouse' tower scheme for China resort

Topped with glowing beacon that will be visible for miles in any direction, the Rosewood Sanya tower is the centerpiece of a new resort and meeting complex on China’s Hainan Island.

| Feb 20, 2014

5 myths about cross laminated timber

A CLT expert clears up several common misconceptions and myths surrounding the use of wood as a building material.

Sponsored | | Feb 20, 2014

Chicago’s historic Wrigley Building renovated to attract tech companies

Purchased in 2011 by a consortium of investors led by BDT Capital Partners, the building’s new owners have recently renovated and reimagined the next life for this architectural landmark—as a hub for tech firms.

| Feb 20, 2014

World's longest desk? Massive, undulating desk accommodates 145 office workers [video]

The desk is built from plywood and one continuous sheet of resin, and can serve all 145 office employees at once. 

| Feb 19, 2014

It's a world record! Largest uninterrupted concrete pour kicks off Wilshire Grand project

Guinness World Records verifies the concrete pour as the largest ever

| Feb 19, 2014

Why you should start with a builder, part two

When it’s time to build or expand, the first step is finding a builder that fits your needs. Once you have found a builder, checked their references, visited with their previous clients and are ready to move forward, the next step is answering an initial set of questions that will direct your project.

| Feb 19, 2014

Slight rebound for Architecture Billings Index

After consecutive months of contracting demand for design services, AIA's Architecture Billings Index inched up nearly two points to 50.4 in January, indicating favorable business conditions.

| Feb 19, 2014

Sefaira Adds Daylighting Analysis to Performance Based Design Platform

Sefaira, the leader in software for high performance building design, today announced that its performance based design platform now includes daylighting analysis. With the addition of daylighting, Sefaira combines two critical design metrics in the same tool. 

| Feb 19, 2014

Harvard's 'termite robots' can build any thing, any way [video]

The robots build by observing thier environment and then obeying a set of traffic rules programmed by researchers.

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