Presentation Type
Poster Presentation
Abstract
In 2024 a Lipscomb Senior Design team completed a design project for the Opryland Hotel. The project, aimed at reducing humidity levels in the large greenhouse-like atrium and overall power usage, included multiple phases and equipment. This research continues the work of that team in an effort to determine whether the proposed system is a cost-effective approach. The research specifically evaluates the system outlined in the Opryland Final Design Report, completed in April of 2024. Using a holistic approach, this study employs life-cycle cost analysis (LCCA) to assess the economic feasibility of the proposed system through various empirical methods. A quantitative research approach will be adopted, focusing on the numerical cost evaluations of the different HVAC solutions. The study examines initial investment, operational expenses, maintenance, and energy consumption over the lifespan of the selected systems. This methodology ensures comprehensive cost analysis by integrating empirical data and standardized economic evaluation techniques. These findings will provide valuable insights to hotel management, assisting in the selection of an HVAC upgrade that optimizes cost efficiency and sustainability while addressing the specific requirements outlined in the Final Design Report.
Faculty Mentor
Monica Sartain
Recommended Citation
lockert, eli, "Long term financial analysis for Opry mills hotel and resort" (2025). Student Scholar Symposium. 27.
https://digitalcollections.lipscomb.edu/student_scholars_symposium/2025/Full_schedule/27
Included in
Civil Engineering Commons, Construction Engineering and Management Commons, Risk Analysis Commons
Long term financial analysis for Opry mills hotel and resort
In 2024 a Lipscomb Senior Design team completed a design project for the Opryland Hotel. The project, aimed at reducing humidity levels in the large greenhouse-like atrium and overall power usage, included multiple phases and equipment. This research continues the work of that team in an effort to determine whether the proposed system is a cost-effective approach. The research specifically evaluates the system outlined in the Opryland Final Design Report, completed in April of 2024. Using a holistic approach, this study employs life-cycle cost analysis (LCCA) to assess the economic feasibility of the proposed system through various empirical methods. A quantitative research approach will be adopted, focusing on the numerical cost evaluations of the different HVAC solutions. The study examines initial investment, operational expenses, maintenance, and energy consumption over the lifespan of the selected systems. This methodology ensures comprehensive cost analysis by integrating empirical data and standardized economic evaluation techniques. These findings will provide valuable insights to hotel management, assisting in the selection of an HVAC upgrade that optimizes cost efficiency and sustainability while addressing the specific requirements outlined in the Final Design Report.