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Administration

Q4 2018

1 Mins read

Occupancy was maintained across Australia, but this is changing rapidly as centres shift to session rates.

Competition is expected to continue to increase in the coming year, putting downward pressure on occupancy and an increasing need to maintain strong cost controls.

Key takeaways:

  • 1 in 4 services aren’t meeting National Quality Standards and these have a 8% lower Average Daily Rate (ADR).
  • 37% of the market do not use any Programming & Planning software, and these services typically generate $93,147 less in revenues than those which do, and $64,692 less in profit.
  • 4% of the market (est. 700 services) changed software providers in the last 90 days, and the largest portion of these transitioned to Xplor (3.5x more than other solutions).

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