Brookdale announced strong first quarter results, with a significant increase in RevPAR and occupancy compared to the previous year. The company is making progress on its 2022 strategic priorities and accelerating its recovery.
First quarter consolidated revenue per available unit (RevPAR) increased 11.0% year-over-year.
First quarter consolidated weighted average occupancy increased 380 basis points compared to the prior year quarter.
First quarter consolidated revenue per occupied unit (RevPOR) increased 5.3% year-over-year.
Net hires nearly doubled from the fourth quarter.
The company reiterates its full year 2022 guidance.
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