Motel 6, one of America’s most recognizable lodging brands, has a new owner after an India-based hotel giant has agreed to ...

India-based hotel operator OYO is acquiring Motel 6's parent company, G6 Hospitality, for $525 million in an all-cash transaction, according to a release from Blackstone Real Estate. Oravel Stays ...

Blackstone, the private equity powerhouse, has agreed to sell Motel 6, the iconic American budget hotel chain, to Oyo, an Indian hotel operator, for $525 million in cash. The deal, reported by The ...

Oyo, the travel technology platform, is acquiring the American budget hotel chain Motel 6 and Studio 6 from Blackstone Real Estate for $525 million in an all-cash transaction. The deal is part of ...

The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India. The New York-based investment firm Blackstone, which owns Motel 6’s parent company ...

(AP) - The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India. The New York-based investment firm Blackstone, which owns Motel 6’s parent ...

In 2023, OYO added nearly 100 hotels to its US portfolio and aims to add ~250 hotels in 2024. Motel 6’s franchise network produces gross room revenues of $1.7 billion, which generates a strong ...

OYO recently announced its acquisition of G6 Hospitality, a US-based economy lodging franchisor and parent company of the iconic Motel 6 and Studio 6 brands, from Blackstone for $525 million ...

Ritesh Agarwal, the founder of OYO, a hospitality unicorn giant, just can’t seem to avoid the spotlight — whether it is about ...

Travel tech platform OYO achieved a profit after tax of Rs 158 crore in the second quarter of the current fiscal ended September, Founder Ritesh Agarwal told employees in a townhall on Thursday ...