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

Cultural Facilities | Nov 21, 2023

Arizona’s Water Education Center will teach visitors about water conservation and reuse strategies

Phoenix-based architecture firm Jones Studio will design the Water Education Center for Central Arizona Project (CAP)—a 336-mile aqueduct system that delivers Colorado River water to almost 6 million people, more than 80% of the state’s population. The Center will allow the public to explore CAP’s history, operations, and impact on Arizona.

MFPRO+ New Projects | Nov 21, 2023

An 'eco-obsessed' multifamily housing project takes advantage of downtown Austin’s small lots

In downtown Austin, Tex., architecture firm McKinney York says it built Capitol Quarters to be “eco-obsessed, not just eco-minded.” With airtight walls, better insulation, and super-efficient VRF (variable refrigerant flow) systems, Capitol Quarters uses 30% less energy than other living spaces in Austin, according to a statement from McKinney York. 

MFPRO+ News | Nov 21, 2023

California building electrification laws could prompt more evictions and rent increases

California laws requiring apartment owners to ditch appliances that use fossil fuels could prompt more evictions and rent increases in the state, according to a report from the nonprofit Strategic Actions for a Just Economy. The law could spur more evictions if landlords undertake major renovations to comply with the electrification rule. 

Codes and Standards | Nov 21, 2023

Austin becomes largest U.S. city to waive minimum parking requirements

Austin, Texas recently became the largest city in the United States to stop requiring new developments to set a minimum amount of parking. The Austin City Council voted 8-2 earlier this month to eliminate parking requirements in an effort to fight climate change and spur more housing construction as Texas’s capitol grapples with a housing affordability crisis.

MFPRO+ News | Nov 21, 2023

Underused strip malls offer great potential for conversions to residential use

Replacing moribund strip malls with multifamily housing could make a notable dent in the housing shortage and revitalize under-used properties across the country, according to a report from housing nonprofit Enterprise Community Partners.

Giants 400 | Nov 16, 2023

Top 100 Science + Technology Facility Architecture Firms for 2023

Gensler, HDR, Page Southerland Page, Flad Architects, and DGA top BD+C's ranking of the nation's largest science and technology (S+T) facility architecture and architecture/engineering (AE) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report. Note: This ranking factors revenue from all science and technology (S+T) buildings work, including laboratories, research buildings, technology/innovation buildings, pharmaceutical production facilities, and semiconductor production facilities.

Resiliency | Nov 16, 2023

How inclusive design supports resilience and climate preparedness

Gail Napell, AIA, LEED AP BD+C, shares five tips and examples of inclusive design across a variety of building sectors.

Retail Centers | Nov 15, 2023

Should retail developers avoid high crime areas?

For retailers resolute to operating in high crime areas, design elements exist to mitigate losses and potentially deter criminal behavior. 

MFPRO+ News | Nov 15, 2023

Average U.S multifamily rents drop $3 to $1,718 in October 2023: Yardi Matrix

Multifamily fundamentals continued to soften and impact rents last month, according to the latest Yardi Matrix National Multifamily Report. The average U.S. asking rent dropped $3 to $1,718 in October, with year-over-year growth moderating to 0.4%, down 40 basis points from September. Occupancy slid to 94.9%, marking the first decline in four months.

MFPRO+ Special Reports | Nov 14, 2023

Register today! Key trends in the multifamily housing market for 2024 - BD+C Live Webinar

Join the BD+C and Multifamily Pro+ editorial team for this live webinar on key trends and innovations in the $110 billion U.S. multifamily housing market. A trio of multifamily design and construction experts will present their latest projects, trends, innovations, and data/research on the three primary multifamily sub-sectors: rental housing, senior living, and student housing. 

boombox1
boombox2
native1

More In Category

Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 




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