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Where has your firm seen the most growth in the first half of 2014?

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    2013 Hospitality Giants: Firms and Fees

    So, firms have more work, and they’re staffing up to meet this demand. Total employees for these Giants just hit 6,580, the most in five years, and the average fees earned by each staffer rose 11 percent, to $130,000. But one global refrain is undeniable: The dichotomy between flourishing businesses and stagnant employee salaries is widening. Since Interior Design started tracking this data for hospitality work specifically, pay for design staff has remained largely unchanged. Five years ago, the average was about $63,230 per year for designers, $92,625 for project managers, and $150,000 for partners. This year’s numbers are $63,750, $92,500, and $147,000, respectively. Hourly billing rates have also continued to hover at an average of $125 an hour.


    It’s hard to say if we’ll see salary growth anytime soon, but the design business is undeniably thriving. That’s reason enough to pause to toast even better times ahead—at the newly renovated hotel bar of your choice, of course.


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    text
    Firm

    2013

    2012

    Increase

    HBA (#1) $100,107539 $88,360,000 $11,747,539
    CCD/Cheng Chung Design (#3) $46,479,004 $35,221,750 $11,257,254
    VOA Associates (#8) $3,691,078 $3,691,078 $9,897,854
    Rottet Studio (#22) $7,405,868 $2,460,098 $4,945,769
    Wimberly Interiors (#15) $10,000,000 $6,000,000 $4,000,000
    HOK (#7) $15,235,800 $11,540,216 $3,695,584
    EDG Interior Architecture + Design (#20) $7,499,602 $4,668,000 $2,831,602
    Steelman Partners (#19) $8,550,000 $6,650,000 $1,900,000
    RDH Interests (#43) $3,089,088 $1,264,900 $1,824,188
    Jeffrey Beers International (#27) $5,600,000 $3,800,000 $1,800,000



















     

     

     

     

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    2013 Hospitality Giants Listing

    2013 Hospitality Giants: Growth

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