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Indian homegrown hospitality giant Oyo is set to acquire Motel 6, one of the most well-known budget hotel chains in the ...
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Oravel Stays Ltd, the parent of Indian travel-tech startup Oyo, has agreed to acquire G6 Hospitality, the operator of the ...
OYO has steadily expanded its footprint in the United States since its launch in the region in 2019 and currently operates ...
OYO, a travel tech company, is set to buy the Motel 6 and Studio 6 hotel chains from Blackstone Real Estate for $525 million.
Boosting its international presence, Indian hospitality major Oyo’s parent company Oravel Stays is acquiring Motel 6 and Studio 6 chain with about 1,500 facilities across the US and Canada from the ...
The transaction will add 1,500 motels and gross room revenues of $1.7 billion to Oyo's kitty. Pre-deal, Oyo operated only about 320 hotels across 35 states in the U.S.