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 ...
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 ...
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 ...
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 ...
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 ...
For generations, American travelers have associated Motel 6 with affordable hospitality. But even though its blue and red signs have been synonymous with road trips for nearly 60 years, few people ...
The budget motel brand Motel 6 will be acquired by the Indian travel company Oyo from Blackstone Real Estate for $525 million, the companies said Friday. With approximately 1,500 locations throughout ...
Motel 6 has unveiled its first new prototype in 12 years, dubbed the Phoenix design. Accor North America, parent company of Motel 6, said early consumer feedback revealed that guests found the new ...
Sonal Sinha, CEO of G6 Hospitality, the parent company of the Motel 6 and Studio 6 brands and a subsidiary of hospitality technology group Prism, has stepped down from his role, the company announced.
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 ...
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