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Investor Presentaiton

RESIDENTIAL RATE AND OCCUPANCY DETAILS Retained Community RevPAR and Avg. Occupancy (1)(3)(4) Retained Community RevPOR (2)(3)(4) 4,500 4,000 3,500 3,000 2,500 $2,000 1,500 1,000 500 85.0% 4,500 80.0% 75.0% 70.0% Average Occupancy 4,000 3,500 3,000 Rate ($) 2,500 2,000 1,500 1,000 500 65.0% Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Owned RevPAR Owned Avg. Occupancy Managed RevPAR Managed Avg. Occupancy Retained Community Data by Community Type (3) Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Owned RevPOR Managed RevPOR Owned 4Q20 1Q21 2Q21 3Q21 4Q21 Managed IL/AL Month End Occupancy 70.2% 69.0% 70.1% 72.9% 72.7% RevPAR RevPOR $2,549 $2,421 $2,357 $2,354 $2,349 $3,445 $3,515 $3,413 $3,270 $3,192 IL/AL Month End Occupancy RevPAR RevPOR 4Q20 1Q21 2Q21 3Q21 4Q21 74.2% 73.2% 73.3% 74.6% 75.2% $3,054 $2,946 $2,961 $2,941 $2,900 $3,954 $4,051 $4,018 $3,922 $3,831 (1) RevPAR is defined by us as resident fee revenues for the retained portfolio total units for the period divided by the average number of available units for the period, divided by the number of months in the period. Average number of available units for the period includes only living units categorized as in service. Amounts for Q4 2020 and Q1-Q4 2021 exclude income received by communities under the CARES Act and other government grants. (2) RevPOR is defined by us as resident fee revenues for the portfolio total units divided by the average number of occupied units for the period, divided by the number of months in the period. Amounts for Q4 2020, Q1 2021 and Q2 2021 exclude income received under the CARES Act and other government grants. (3) Retained community data represents data for 20 owned senior living communities and 120 managed senior living communities that we continuously owned or managed since January 1, 2020. Retained communities are exclusive of 107 senior living communities previously managed for DHC that transitioned to new operators in 2021 and one senior living community managed for DHC that was closed in February of 2022 and 1,532 SNF units in 27 CCRCs that were closed during the year ended December 31, 2021. These SNF units are in the process of being repositioned and ALR will continue to manage them for DHC. Retained communities are also exclusive of four leased communities with approximately 200 living units where the lease was terminated on September 30, 2021. (4) The 2021 and 2020 quarterly metrics reflect the impact COVID-19 has had on the operations of retained communities. 8
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