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
University Buildings | Jun 9, 2023
Cornell’s new information science building will foster dynamic exchange of ideas and quiet, focused research
Construction recently began on Cornell University’s new 135,000-sf building for the Cornell Ann S. Bowers College of Computing and Information Science (Cornell Bowers CIS). The structure will bring together the departments of Computer Science, Information Science, and Statistics and Data Science for the first time in one complex.
Museums | Jun 6, 2023
New wing of Natural History Museums of Los Angeles to be a destination and portal
NHM Commons, a new wing and community hub under construction at The Natural History Museums (NHM) of Los Angeles County, was designed to be both a destination and a portal into the building and to the surrounding grounds.
Performing Arts Centers | Jun 6, 2023
Mumbai, India’s new Nita Mukesh Ambani Cultural Centre has three performing arts venues
In Mumbai, India, the recently completed Nita Mukesh Ambani Cultural Centre (NMACC) will showcase music, theater, and fine arts from India and from across the globe. Atlanta’s TVS Design served as the principal architect and interior designer of both the cultural center and the larger, adjacent Jio World Centre.
Architects | Jun 6, 2023
Taking storytelling to a new level in building design, with Gensler's Bob Weis and Andy Cohen
Bob Weis, formerly the head of Disney Imagineering, was recently hired by Gensler as its Global Immersive Experience Design Leader. He joins the firm's co-CEO Andy Cohen to discuss how Gensler will focus on storytelling to connect people to its projects.
Codes and Standards | Jun 6, 2023
California’s new power grid modernization plan furthers ambitious climate goals
California’s new $7.3 billion grid modernization plan is a crucial step in furthering its ambitious climate goals. The board of governors for the California Independent System Operator (CAISO), the state’s grid operator, recently approved a strategy to build thousands of miles of new high-voltage transmission lines.
Mixed-Use | Jun 6, 2023
Public-private partnerships crucial to central business district revitalization
Central Business Districts are under pressure to keep themselves relevant as they face competition from new, vibrant mixed-use neighborhoods emerging across the world’s largest cities.
Multifamily Housing | Jun 6, 2023
Minnesota expected to adopt building code that would cut energy use by 80%
Minnesota Gov. Tim Walz is expected to soon sign a bill that would change the state’s commercial building code so that new structures would use 80% less energy when compared to a 2004 baseline standard. The legislation aims for full implementation of the new code by 2036.
Healthcare Facilities | Jun 5, 2023
Modernizing mental health care in emergency departments: Improving patient outcomes
In today’s mental health crisis, there is a widespread shortage of beds to handle certain populations. Patients may languish in the ED for hours or days before they can be linked to an appropriate inpatient program.
Student Housing | Jun 5, 2023
The power of student engagement: How on-campus student housing can increase enrollment
Studies have confirmed that students are more likely to graduate when they live on campus, particularly when the on-campus experience encourages student learning and engagement, writes Design Collaborative's Nathan Woods, AIA.
Engineers | Jun 5, 2023
How to properly assess structural wind damage
Properly assessing wind damage can identify vulnerabilities in a building's design or construction, which could lead to future damage or loss, writes Matt Wagner, SE, Principal and Managing Director with Walter P Moore.