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 ...

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 ...

Indian hotel giant Oyo will buy the company behind budget lodging brand Motel 6 from Blackstone Real Estate for $525 million in an all-cash deal. According to a statement, Oyo's parent company, Oravel ...

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 ...

New York-based private equity firm Blackstone acquired the motel chain famous for keeping the lights on in 2012 from French hotel operator Accor, part of a $1.9B deal, The Wall Street Journal reported ...

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 ...

Indian budget hospitality giant Oyo's parent company, Oravel Stays, has finalized the $525 million acquisition of Motel 6 and Studio 6 parent G6 Hospitality from Blackstone Real Estate, the company ...

Oyo, based in India, has tried for years to gain traction in the U.S., but it has claimed that competitors have played hardball. It's now betting that buying a network is its best way to gain scale ...

India based budget hotel firm OYO has made a big play for the US market. Oyo is set to acquire Motel 6 in a half-billion-dollar deal. Current owner Blackstone Real Estate said that it has agreed terms ...