A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million in an all-cash deal. By John Koblin Motel 6, the budget hotel chain that ...
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, ...
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 ...
Best of luck to the next CEO who'll have to deal with those two lawsuits alleging that the company's owned hotels were handing over undocumented guests' information ...
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