Occupancy
Occupancy
Moving back to pre-Covid occupancy levels
Target
▪ Between 2019 and 2023 Greensleeves expanded places by 281 raising capacity by 29%. ▪ This reflected opening or re-opening 5 homes after development or major refurbishment. ▪ As a result, resident numbers actually rose steadily except at the height of Covid in 2020/21. ▪ At the same time, temporary Covid induced home closures meant occupancy fell from 93%+ to a low of 76.5% in 2021. ▪ Staff shortages further impacted occupancy in the period during and immediately after Covid in 2021/22 and 2022/23. ▪ One consequence of this was to increase the time it took for new homes to reach capacity by up to a further 12 months. ▪ Occupancy has started to recover in 2023/24 with the objective of returning to 92% (its previous level) by March 2025.
94.8%
100.0%
92.3% 93.4% 93.2% 93.5% 91.9% 92.6%
92.0%
87.7% 86.9% 88.9%
90.0%
76.5%
80.0%
70.0%
60.0%
50.0%
40.0%
30.0%
20.0%
10.0%
0.0%
2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25
Number of Residents
1,133
1,200
1,088
1,042
960
909
1,000
892
815
738
736
800
589
600
400
200
0
2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
10
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