Senior Living Occupancy: Unused Inventory + New Mindset = 95%

For the past 6 months (Q2 &Q3) the Senior Living industries occupancy numbers have remained stable. With the amount of increased inventory coming online all across the country, I feel Senior Living sales teams across the country should be commended. Our focus is on the IL sector and 90.2% is not too shabby for any […]

Is Airbnb disrupting the senior housing industry?

Airbnb continues to disrupt industries, only now it appears to have the Senior Living industry in its sights. Airbnb confirmed they have hundreds of thousands of seniors as hosts in the US, and they are the companies fastest growing demographic. “Older Americans aren’t just embracing home sharing for the economic potential, but as a way […]

Is your senior living company focused on hospitality?

Moving from a culture of care to a culture of hospitality is what many senior living facilities are doing to adjust to the market demands of aging baby boomers. “Universal design elements are other aspects baby boomers are asking for in senior living facilities, Larkin says. Those elements include zero-entry showers, flooring that allows for […]

Is your Senior Living company ready for the resident of the future? Because travel is still on their minds…

“Most Baby Boomers (99%) will take at least one leisure trip in 2018, with an average of five or more trips expected throughout the year.” The senior living resident of the future is younger, and they still have a continued desire to travel. Has your senior living company thought about this during your sales process […]

Senior living employee retention, is it time for a new approach?

I recently sat in on a webinar devoted to employee retention in the senior living industry. Employee turnover percentages in the industry are shockingly high. I was excited about the webinar and had high hopes of hearing new and exciting concepts. Having managed both large and small dining operation for 12 + years, I have […]

A cautionary tale of an industry that did not adopt new technologies.

The leadership and editorial side of the newspaper industry have been in a downward spiral for several years. The below article clearly describes how the hedge fund industry has stepped in to correct the lack of forward thinking that industry has shown for years. Unfortunately, I see similarities between this article/industry and the senior living […]