The Value of Vacancy - Mini Session

Jodi Flanagan, Senior Living Pro, walks you through the exercise of calculating your senior living community's Value of Vacancy. This value lesson supports your strategic thinking when it comes to decision making in senior living - every General Manager and Sales Professional must know this number. 

Get out your pen, paper and calculator to figure out the vacancy value in your senior living community. 

On average, in the Province of Ontario for 2024 the daily value of vacancy was $1,767 per DAY. 

Ask yourself what else you spent $1,767 today in your senior living residence? 

If your occupancy is suffering this exercise will support your capacity to think strategically and help you see why focusing on occupancy helps everyone.