
For owners & developers
Six points where decisions can be costly.
Stage 01
Market selection, underwriting, unit mix, layout and a ranked amenity spend plan, so capital goes to what guests actually pay for.
Stage 02
A scored shortlist and the questions a pitch deck will not answer, so you choose on evidence rather than chemistry.
Stage 03
A redline on fees, termination, benchmarks and reporting, so the terms still hold in year four.
Stage 04
Staffing, pricing, listing build, distribution, SEO and the launch event itself, so you stabilize in weeks rather than seasons.
Stage 05
Revenue management, listing and paid performance, cost and margin, operator oversight and a monthly review against benchmark, so drift is caught while it is cheap.
Stage 06
What has to change for the asset to be worth more: NOI, guest experience, market position, and the story a buyer will underwrite.
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Operator selection
Owners are asked to compare 4% against 25%, one polished deck against a slicker one. Those are rarely the metrics that decide the outcome. The terms that do are the ones an owner does not know are open to negotiation. These agreements have been written from the other side of the table.
An RFP built for this asset, and a shortlist worth comparing.
Proposals normalized, projections pressure-tested, the full fee stack counted.
Negotiated commercially, transitioned cleanly, held accountable after the keys.

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Already open
What gets examined
Every lever, measured against the comp set you actually compete with.
What is costing you, what it is worth, and what it takes to fix.
The levers worth doing first, and the ones not worth your attention.
Questions owners ask
Advice that works for the owner of a hotel or short-term rental asset, not for the company running it. Yieldhouse helps owners, developers and managers make the decisions that set an asset’s returns: which market and product, which operator, on what terms, how to launch, and what to change once it is open.
Yieldhouse is paid by the owner, and only by the owner. It never manages the building, so a recommendation on an operator, a fee structure or a launch plan is made on what the asset needs rather than on who wins the contract.
Before the decisions that are made once: market and design, choosing a manager, negotiating the agreement, go-live, the years in operation, and repositioning or exit. The earlier the call, the easier the fix. An agreement is far easier to shape before it is signed.
Yes. It starts with an RFP built for the asset and a shortlist worth comparing. Proposals are normalized, projections pressure-tested and the full fee stack counted. The agreement is then redlined on fees, termination, performance benchmarks and reporting, so the terms still hold in year four.
No. A live asset is benchmarked against the comp set it actually competes with, across rate strategy, revenue management, channel mix, distribution, SEO, labor, cleaning cost and unit-level expenses. The deliverable shows what is costing you, what it is worth and which fixes come first.
Boutique and independent hotels, apartment-hotels, condo-hotels, short-term rental portfolios and multifamily buildings with a short-term rental program, anywhere in the United States.
The first call is 30 minutes with no commitment, about the asset and the problems worth assessing. A written scope and recommendations follow, so you can decide what, if anything, to take further.
A conversation about your asset and the problems worth assessing. A written scope and recommendations follow.