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

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 ...

Oberoi Hotels' decision to expand to Europe is a part of a trend. Indian hotel chains are establishing presence beyond India.

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 ...

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 ...

(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 acquires G6 Hospitality for $525 million from Blackstone Real Estate, enhancing its presence in the US and Canada. The deal includes Motel 6 and Studio 6 brands, with G6 continuing as a ...

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

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 ...