Which types of accommodation have occupancy rates of 85% or over?
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“Retirement home” is an accommodation having the occupancy rate of 85% or above.
Explanation:
A retirement home is also called old age home or old people’s home and also referred as nursing home. Retirement homes are in different forms with different facilities based on the people choice. They include facilities like meals, recreation activities, gathering and some form of healthcare. Same as apartment retirement homes can be paid on rental basis.
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