Hotel sector will continue to be sluggish into 2011
Abstract:
The value of hotel starts has averaged under $500 million over the last six months, less than half of the development pace of the previous three years. This level is expected to be maintained into 2011, rising only with higher project costs. Reconstruction Report
Publication Date:
Wed, 2009-07-01 01:00
The value of hotel starts has averaged under $500 million over the last six months, less than half of the development pace of the previous three years. This level is expected to be maintained into 2011, rising only with higher project costs.
Company
Billings ($)
Source: 2009 Giants 300 survey. For expanded hotel design rankings, visit: www.BDCnetwork.com/Giants[2]
1
AECOM Technology Corp.
88,940,600
2
WATG
87,602,310)
3
Gensler
74,430,000
4
HKS
50,499,330
5
Arup
39,600,000
6
Parsons Brinckerhoff
37,647,000
7
BLT Architects
37,130,000
8
BBG-BBGM
34,850,000
9
Jacobs
27,144,560
10
tvsdesign
23,430,000
11
OZ Architecture
22,593,000
12
HOK
22,560,000
13
Kohn Pedersen Fox Associates
21,900,000
14
Smallwood, Reynolds, Stewart, Stewart & Associates
17,837,400
15
Leo A Daly
16,620,374
16
RMJM
15,598,748
17
Cooper Carry
15,377,400
18
FRCH Design Worldwide
13,650,000
19
Cuningham Group Architecture
13,379,899
20
EwingCole
12,500,000
Company
Value put in place ($)
Source: 2009 Giants 300 survey. For expanded hotel contractor rankings, visit: www.BDCnetwork.com/Giants[2]