Communities
Sonida Senior Living Announces November 2021 Occupancy
December 14, 2021
Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSE: SNDA), a leading owner-operator of senior living communities and services announced its November 2021 occupancy.
November Highlights
- Occupancy steady at 81.2%
- Increase of 590 basis points from the pandemic low average monthly occupancy of 75.3% in February of 2021
- Year-over-year occupancy growth of 370 basis points compared to November 2020
Leading indicators, such as leads and tours, continue to be strong. Monthly lead volume has improved steadily from November 2020 and is nearly at pre-pandemic levels. Tours are more than four times higher year-over-year, compared to November of 2020, and nearly 40% higher than the same month in 2019.