These investments can be very good or very bad. I suggest you do a lot of research. My experience shows that because of reasons such as finance and apt size the banks are reluctant to lend a high LVR. Check the lease, exit options from the lease, return, how the yield is calculated (can be per night, pooled, fixed price/term etc.) Resales can be difficult but a good operator will manage and market the investment well.
Look at a credible operator such as Mirvac Hotels (Quay West, Sebel, Como Sea Temple brands) Can usually find a good priced resale if you wait. Bonus are things such as no letting or agents fees, well maintained, paid regularly.
Worth a look..
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