Global boom for hotels; for retail, not so much

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

The University of North Carolina at Chapel Hill has unveiled a new medical education building, Roper Hall. Designed by The S/L/A/M Collaborative (SLAM) and Flad Architects, the UNC School of Medicine’s new building intends to train new generations of physicians through dynamic and active modes of learning.

Sustainability | May 10, 2024

Perkins&Will’s first ESG report discloses operational performance data across key metrics

Perkins&Will recently released its first ESG report that discloses the firm’s operational performance data across key metrics and assesses its strengths and opportunities.

MFPRO+ News | May 10, 2024

HUD strengthens flood protection rules for new and rebuilt residential buildings

The U.S. Department of Housing and Urban Development (HUD) issued more stringent flood protection requirements for new and rebuilt homes that are developed with, or financed with, federal funds. The rule strengthens standards by increasing elevations and flood-proofing requirements of new properties in areas at risk of flooding.

Government Buildings | May 10, 2024

New federal buildings must be all-electric by 2030

A new Biden Administration rule bans the use of fossil fuels in new federal buildings beginning in 2030. The announcement came despite longstanding opposition to the rule by the natural gas industry.

Sustainable Development | May 10, 2024

Nature as the city: Why it’s time for a new framework to guide development

NBBJ leaders Jonathan Ward and Margaret Montgomery explore five inspirational ideas they are actively integrating into projects to ensure more healthy, natural cities.

Mass Timber | May 8, 2024

Portland's Timberview VIII mass timber multifamily development will offer more than 100 affordable units

An eight-story, 72,000-sf mass timber apartment building in Portland, Ore., topped out this winter and will soon offer over 100 affordable units. The structure is the tallest affordable housing mass timber building and the first Type IV-C affordable housing building in the city.

Architects | May 8, 2024

Ivan O’Garro, AIA joins LEO A DALY as a vice president

Integrated design firm LEO A DALY welcomes Ivan O’Garro, AIA, as a vice president and managing principal of its Atlanta studio.

K-12 Schools | May 7, 2024

World's first K-12 school to achieve both LEED for Schools Platinum and WELL Platinum

A new K-12 school in Washington, D.C., is the first school in the world to achieve both LEED for Schools Platinum and WELL Platinum, according to its architect, Perkins Eastman. The John Lewis Elementary School is also the first school in the District of Columbia designed to achieve net-zero energy (NZE).