SIC Code 6513-05 - Retirement Apartments & Hotels

Marketing Level - SIC 6-Digit

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SIC Code 6513-05 Description (6-Digit)

The Retirement Apartments & Hotels industry provides housing and care services for elderly individuals who are no longer able to live independently. These facilities offer a range of services including meals, housekeeping, transportation, and medical assistance. Retirement apartments and hotels are designed to provide a comfortable and safe environment for seniors to live in, while also offering social activities and opportunities for residents to engage with one another. Retirement apartments and hotels are typically multi-unit buildings that offer a variety of living arrangements, from studio apartments to larger suites. Many facilities also offer specialized care for individuals with Alzheimer's or other forms of dementia. The industry is highly regulated to ensure the safety and well-being of residents, and facilities must meet strict standards for staffing, training, and care. The demand for retirement apartments and hotels is expected to grow as the population ages and more individuals require assistance with daily living activities. As a result, the industry is becoming increasingly competitive, with facilities offering a range of amenities and services to attract residents. Overall, the Retirement Apartments & Hotels industry plays a critical role in providing care and support for elderly individuals, allowing them to live with dignity and independence in their later years.

Hierarchy Navigation for SIC 6-Digit Code 6513-05

Parent Code (less specific)

Tools

  • Medical equipment (e.g. wheelchairs, walkers)
  • Emergency call systems
  • Security cameras
  • Medication management software
  • Housekeeping equipment (e.g. vacuums, cleaning supplies)
  • Transportation vehicles
  • Fitness equipment (e.g. treadmills, stationary bikes)
  • Communication devices (e.g. phones, intercoms)
  • Laundry equipment (e.g. washers, dryers)
  • Kitchen appliances (e.g. stoves, refrigerators)
  • Maintenance tools (e.g. hammers, screwdrivers)
  • Landscaping equipment (e.g. lawn mowers, trimmers)
  • Fire safety equipment (e.g. smoke detectors, fire extinguishers)
  • Personal care items (e.g. toiletries, grooming supplies)
  • Entertainment systems (e.g. TVs, DVD players)
  • Furniture (e.g. beds, chairs)
  • Computer software (e.g. resident management systems)
  • Food service equipment (e.g. ovens, dishwashers)
  • HVAC systems (e.g. air conditioning, heating)

Industry Examples of Retirement Apartments & Hotels

  • Assisted living facilities
  • Independent living communities
  • Continuing care retirement communities
  • Memory care facilities
  • Senior apartments
  • Skilled nursing facilities
  • Hospice care facilities
  • Respite care facilities
  • Rehabilitation centers
  • Home care agencies

SIC Code 6513-05 - Retirement Apartments & Hotels

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