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

Hotel Facilities | May 2, 2023

U.S. hotel construction up 9% in the first quarter of 2023, led by Marriott and Hilton

In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. Up 9% by both projects and rooms year-over-year (YOY); project totals at Q1 ‘23 are just 338 projects, or 5.7%, behind the all-time high of 5,883 projects recorded in Q2 2008.

Architects | May 1, 2023

HOK names Eli Hoisington and Susan Klumpp Williams as Co-CEOs

HOK has appointed Eli Hoisington, AIA, LEED AP, and Susan Klumpp Williams, AIA, LEED AP, as its new co-chief executive officers, succeeding Bill Hellmuth, FAIA, LEED AP, who passed away on April 6, shortly after his scheduled retirement.

Multifamily Housing | May 1, 2023

A prefab multifamily housing project will deliver 200 new apartments near downtown Denver

In Denver, Mortenson, a Colorado-based builder, developer, and engineering services provider, along with joint venture partner Pinnacle Partners, has broken ground on Revival on Platte, a multifamily housing project. The 234,156-sf development will feature 200 studio, one-bedroom, and two-bedroom apartments on eight floors, with two levels of parking.

Mass Timber | May 1, 2023

SOM designs mass timber climate solutions center on Governors Island, anchored by Stony Brook University

Governors Island in New York Harbor will be home to a new climate-solutions center called The New York Climate Exchange. Designed by Skidmore, Owings & Merrill (SOM), The Exchange will develop and deploy solutions to the global climate crisis while also acting as a regional hub for the green economy. New York’s Stony Brook University will serve as the center’s anchor institution.

Market Data | May 1, 2023

AEC firm proposal activity rebounds in the first quarter of 2023: PSMJ report

Proposal activity for architecture, engineering and construction (A/E/C) firms increased significantly in the 1st Quarter of 2023, according to PSMJ’s Quarterly Market Forecast (QMF) survey. The predictive measure of the industry’s health rebounded to a net plus/minus index (NPMI) of 32.8 in the first three months of the year. 

Sustainability | May 1, 2023

Increased focus on sustainability is good for business and attracting employees

A recent study, 2023 State of Design & Make by software developer Autodesk, contains some interesting takeaways for the design and construction industry. Respondents to a survey of industry leaders from the architecture, engineering, construction, product design, manufacturing, and entertainment spheres strongly support the idea that improving their organization’s sustainability practices is good for business.

Codes and Standards | May 1, 2023

Hurricane Ian aftermath expected to prompt building code reform in Florida

Hurricane Ian struck the Southwest Florida coastline last fall with winds exceeding 150 mph, flooding cities, and devastating structures across the state. A construction risk management expert believes the projected economic damage, as high as $75 billion, will prompt the state to beef up building codes and reform land use rules. 

| Apr 28, 2023

$1 billion mixed-use multifamily development will add 1,200 units to South Florida market

A giant $1 billion residential project, The District in Davie, will bring 1.6 million sf of new Class A residential apartments to the hot South Florida market. Located near Ft. Lauderdale and greater Miami, the development will include 36,000 sf of restaurants and retail space. The development will also provide 1.1 million sf of access controlled onsite parking with 2,650 parking spaces. 

Architects | Apr 27, 2023

Blind Ambition: Insights from a blind architect on universal design

Blind architect Chris Downey shares his message to designers that universal design goes much further than simply meeting a code to make everything accessible.

Design Innovation Report | Apr 27, 2023

BD+C's 2023 Design Innovation Report

Building Design+Construction’s Design Innovation Report presents projects, spaces, and initiatives—and the AEC professionals behind them—that push the boundaries of building design. This year, we feature four novel projects and one building science innovation.

boombox1
boombox2
native1

More In Category


Urban Planning

The magic of L.A.’s Melrose Mile

Great streets are generally not initially curated or willed into being. Rather, they emerge organically from unintentional synergies of commercial, business, cultural and economic drivers. L.A.’s Melrose Avenue is a prime example. 


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