Hotel Renovation Projects and LCC

2006-01-19
Özkan, Soofıa Tahıra Elıas
Çakmaklı, Ayşem Berrin
LCC analysis entails the calculation of cost over useful or projected life of an asset. However, building components and/or finishing materials do not usually complete their projected life spans. Certain types of buildings undergo renovations many times before they are declared redundant and finally torn down; hotels are a point in case. During such renovations and refurbishment works most of the finishing material is replaced by newer and more fashionable one. This study was conducted to ascertain which materials are most likely to be replaced well before their useful life ends and which are used to their full potential; the intent was also to determine the reasons for such replacements and the frequency of renovation projects. Data related to renovation projects of three five star hotels in Ankara was obtained and analysed. An insight was gained into the reasons for renovation works, and the types and amount of material replaced. A comparison was made between the actual useful lives of such materials with their projected life spans. It was concluded that finishing material and components that are used in hotel construction need not have long life spans, since they are likely to be replaced even before they start to deteriorate, or they should be recyclable. Also, conventional techniques which are designed for permanence (such as cementing, gluing or welding), should not be used for incorporating such material.
Citation Formats
S. T. E. Özkan and A. B. Çakmaklı, “Hotel Renovation Projects and LCC,” presented at the CIB W107 International Symposium on Construction in Developing Economies: New Issues and Challenges, Santiago, Şili, 2006, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/71397.