Replace tag with attribute
The Replace Tag with Attribute refactoring allows you to replace all tags matching the selected tag's name on tags with the selected parent tag name with equivalent attributes. This bulk transformation of sub-tags to attributes is useful as XML schemas evolve.
Convert a tag into an attribute
Place the caret at the tag to replace, press Ctrl+Alt+Shift+T, and then select Replace Tag with Attribute from the list.
In the dialog that opens, type the name of the attribute to be created instead of the selected tag and specify the scope to replace the tag in.
With the Directory scope specified, select the Recursively checkbox to include sub-directories.
Select the Limit to files with DTD:... checkbox to limit the scope to the files with the same
DOCTYPEas specified for the current file.

Invoke the refactoring:
Click OK to continue immediately or click Preview to have WebStorm show the usages of the selected tag in the Find tool window where you can mark usages as included in or excluded from refactoring.
Click Show XSLT... to view a fragment of the XSLT that is equivalent to the requested refactoring. This fragment can be used by XSLT processors to perform the requested refactoring on files outside your WebStorm project.