Yield transformation

Yield transformation — running the same property in a denser format: by-the-bed (bedspace), furnished corporate/serviced contracts (+20–40% premiums), or nightly stays (top-quartile-only economics at the honest ~43–49% median occupancy). Escape #2 from the condo trap: gross lifts from ~4% toward 8–12%, and “passive” quietly exits the description — every format is an operating business whose effort-hours must be priced at your real hourly value (lesson 3.7’s scorecard).

First used in: 3.5 · The condo trap and the five escapes