Interior Design’s 2016 Rising Giants: Market Segments
Where big money is still being made is in hospitality, corporate, and residential work. Hospitality grew by 28 percent to account for 38 percent of total fees. Corporate remained the second-biggest earning sector, providing 25 percent of fees, but that was a 23 percent drop. Government work fell 62 percent, and health care and educational work also descended. Residential provided a bright spot, growing 20 percent, to $67 million.