2017 is going to be a challenging year for the healthcare industry. Staffing and property costs will continue to rise and demands both from residents and their families to perceive investment into the homes in which they or their loved ones reside will as ever increase. Yes 2017 is going to be challenging, yet exciting.
As with all challenges there is a great opportunity to explore new ways of working, growing and rising to the occasion. What couldn’t be more exciting than this? After all, if you do what you’ve always done, you’ll receive what you’ve always received.
One key factor to meeting these challenges is room occupancy rates. Per the recent research released by Knight Frank, between 2015/2016 occupancy rates on average edged up to 88.4%. Regionally in areas such as Greater London however, occupancy rates have dropped from 90.2%. Operators whether they’re an independent home or part of a larger group should be asking themselves, what external factors can affect their occupancy rates.
In our opinion, a truly important factor affecting room occupancy is the turnaround time of room refurbishments and further to this, the speed at which your interiors partners can supply you with the furniture & soft furnishings you need.
Currently the average turnaround time for furniture from many suppliers in the country is 5 weeks plus. Imagine 5 weeks as weekly room rentals? The average room rental for residential is £694 per week, meaning that operators could potentially lose £3470 per room just due to those long delivery times?
What steps could you be taking to ensure this doesn’t happen? With a little work and the right interiors partner, rolling room refurbishments could be a breeze. Here are 4 steps you can take in 2017 to ensure that you maximise your room occupancy through faster room refurbishments.
1. Choose an interiors partner who understands this issue and is committed to tackling it. In cases where a room being ready is affecting how quickly you can admit a new resident, choose a partner who can get a room “let-ready” within a week.
2. Look at your vision for the home. Decide on where you want the home to sit in the market and what resident types you’d prefer to cater to and make sure your interiors reflect that.
3. Pre-decide colour schemes and fabrics. This can be a real time saver for both you and your interiors partner. Spend some time looking over the available fabrics your partners offer and tie it in to their furniture options.
4. Pre-Measure! It would be incredibly beneficial for either you or your interiors partner to audit your home and keep things such as window and curtain measurements on file. This is an efficient and effective action to really save time on your room refurbishments.
Dayex® are changing the market from weeks to days with a nationwide delivery service for complete rooms in just 5 days. This includes a wide range of bedroom furniture to suit all budgets, as well as made to measure fire retardant curtains and soft furnishings as well as specialist chairs and beds.
For more information on how we can help reduce your room occupancy rates by refurbishing your rooms quickly and efficiently, visit dayex.co.uk or contact Steve on 01722 341 552 or e-mail firstname.lastname@example.org