The budget hotel chain Motel 6 was sold to the Indian hotel start up firm that operates OYO hotels for $525 million in a cash ...

Motel 6, known for its bare-bones motel rooms, low prices and blue sign emblazoned with a red "6," has been sold for $525 ...

A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million ...

The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India.

OYO Hotels announced this week it is acquiring iconic brand Motel 6 in an all-cash transaction with G6 Hospitality, its ...

An all-cash deal of $525 million with Blackstone Real Estate will bring 1,500 hotels to Oyo’s international portfolio ...

The budget motel chain—which operates 10 hotels in the Indianapolis area—is being sold by New York-based investment firm ...

The transaction will also include the sale of the Studio 6 motel brand, which caters to customers seeking extended stays.

A hotel operator based in India is buying a classic piece of Americana — budget motel chain Motel 6. Oravel Stays, the parent ...

Oyo will acquire G6 Hospitality, the parent company of Motel 6, from Blackstone for $525 million, expanding its presence in North America with 1,500 additional properties upon a satisfactory close of ...

ASSOCIATED PRESS - The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in ...