An Indian hospitality technology firm is set to buy Motel 6, the motel chain's parent company announced Friday. In a press release, Blackstone Real Estate said that it came to terms with Oravel Stays ...
Photo Credit: A Studio 6 extended-stay hotel in Corpus Christi, Texas. G6 Hospitality. As Oyo takes the wheel at Motel 6, it’s not just revamping operations. By expanding beyond OTAs and focusing on ...
The U.S. company that owns Motel 6 and other brands was sold to an India-based company for $525 million. Oravel Stays, the parent company of travel technology firm OYO International, bought G6 ...
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 G6 ...
While the budget hospitality firm OYO rapidly expands in the United States, Motel 6 will continue to leave the light on under its own brand. The brash, 11-year-old Indian hospitality startup OYO is ...
One of India’s largest startups, budget hotel company Oyo, has reached a deal to acquire G6 Hospitality, which operates Motel 6. Oyo says it will pay Blackstone Real Estate $525 million in an all-cash ...
NEW DELHI & DALLAS--(BUSINESS WIRE)--Oravel Stays, the parent company of the global travel technology company OYO, today announced that it has agreed to acquire G6 Hospitality, the leading economy ...
The Motel 6 in downtown Palm Springs, Calif. Photo Credit: G6 Hospitality Indian budget hospitality giant Oyo, which entered the U.S. market in 2019, announced on Sept. 20 it would acquire economy ...
Indian budget hospitality giant Oyo, which entered the United States market in 2019, announced on Friday it would acquire from Blackstone Real Estate the economy hotel franchiser G6 Hospitality for ...
Forbes contributors publish independent expert analyses and insights. Jeff has written about travel, sports & loyalty w/ a focus on Gen Z. Budget lodging has historically been the last mile of travel ...
Photo Credit: A Studio 6 extended-stay hotel in Corpus Christi, Texas: Source: G6 Hospitality. G6 Hospitality. Blackstone's real estate division is once again considering selling G6 Hospitality, which ...
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