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ALFA Partners With New Senior Living Association in India

ALEXANDRIA, Va.  – January 16, 2012 -- ALFA, the largest national association serving the collective interests of professionally-managed senior living communities, today announced a partnership with the first-ever senior living association in India.  The American association will assist the new Indian group with developing a program to advance excellence in senior living in India and champion quality of life for the millions of Indian seniors who will benefit from professionally-managed senior living communities.

In December, a history-making outcome of Retirement Living World India, an influential, first-time gathering of senior living companies in India, was the formation of the first national senior living association in India.  Like the founding of most professional trade associations, Association Senior Living India started with a gathering of companies that discovered they are all in the same business, have many of the same challenges and, know that if they work together in association, they can create even greater success for their respective companies and their business in general.   ALFA was represented at the conference by ALFA Director Steven Vick, Co-Founder and CEO of Signature Senior Living and a long-time entrepreneur of senior living in the United States.

The three day conference, held in New Delhi, brought together industry decision makers from India and around the world to discuss how these businesses could meet the growing demand for seniors housing in India. Participants discussed business strategies, market trends, partnership models, as well as investments and financing opportunities available in the Indian senior living market.  

During this meeting and under the leadership of Vick and Mansoor Dalal, chairman of Oasis Senior Commune-India, announced the formation of Association Senior Living India (ASLI) as a national professional trade association intended to represent senior living providers in India.  The acronym ASLI means REAL in the Hindi language, echoing the need for real and committed players in this nascent industry.  Mansoor has been designated founder chairman, and Abdulla Kagalwalla of Signature India and Vick will serve on the ASLI board.  ALFA will assist with the development of the new association.

“The Indian senior living sector is still in its infancy and is expected to grow at a rapid pace in the coming years,” said Vick. “Senior living providers in India can learn a tremendous amount from the fits-and starts we had when senior living was in its infancy in the U.S.  ALFA, working closely with ASLI, can contribute to their success by sharing with our partners in India what we’ve learned over the past 20 years.”

ALFA was originally formed to represent American assisted living companies providing a resident-centered, non-institutional alternative to nursing homes.  ALFA has evolved as the needs and demands of consumers have changed while, concurrently, holding fast to its resident-centered philosophy of choice, independence, dignity and quality of life.   

 “ALFA is committed to ensuring seniors have an optimal quality of life in a place they call home,” said Richard P. Grimes, president and CEO of ALFA. “Working with others who share our commitment to serving seniors, wherever they may be in the world, is consistent with ALFA’s mission.”

During the conference, Vick spoke about building a business in senior living and the value and opportunities offered to entrepreneurs and investors.  A long-time champion of the resident-centered philosophy, Vick serves on the ALFA Board of Directors and is a leading voice in the senior living business.



About ALFA
The Assisted Living Federation of America (ALFA) is the largest national association exclusively dedicated to professionally-managed, resident-centered senior living communities and the seniors and families they serve. Since 1990, ALFA has advocated for choice, accessibility, independence, dignity, and quality of life for all seniors. ALFA’s programs promote business and operational excellence through education, research, publications, professional networking and online tools designed to foster innovation and entrepreneurism in the field of senior living. Visit ALFA’s Web site at alfa.org.

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Media Contact:

Jaclyn Allmon, Assisted Living Federation of America Jaclyn Allmon, CAE LinkedIn icon
VP, Marketing & Communications
703-562-1192
jallmon@alfa.org



01/16/2012


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