Here are the current admission trends for influenza. Part of the reason there are not too many excess deaths ( yet - we all know deaths follow several weeks behind a rise in cases) is because there is virtually no flu this year as COVID measures and reduced travel meaning it hasn’t spread around the world.
Also most people with COVID in hospital won’t die but they still need care and beds and the very sick ones are often in an ITU or high dependency bed for a long time.