IPO-bound travel tech platform OYO on Saturday (September 21, 2024) announced it has agreed to acquire iconic American budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real Estate ...

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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 ...

Sept. 22 (UPI) --Motel 6, known for its bare-bones motel rooms, low prices and blue sign emblazoned with a red "6," has been sold for $525 million to India-based hotel operator Oyo, Blackstone ...

The New York-based investment firm Blackstone, which owns Motel 6’s parent company G6 Hospitality, announced Friday that the deal would be an all-cash transaction worth $525 million.

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 ...

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 ...

A hotel operator based in India is buying a classic piece of Americana — budget motel chain Motel 6. Oravel Stays, the parent company of global travel technology company Oyo, will pay current ...

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 ...

I usually have no problems. The staff is nice and pleasant especially the girls at lobby. Only one disgruntled absent minded guy at night. Unpleasant but otherwise good except this time I was ...