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 ...

Photo Credit: Oyo CEO Ritesh Agarwal at the Skift India Summit. Skift In a move to expand its international reach, India-based hospitality company Oyo announced the acquisition of Motel 6 and Studio 6 ...

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 ...

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 ...

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 ...

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, ...

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 ...

Mar. 10—People still staying at the OYO Hotel in Centralia — after the building was sold and their eviction was temporarily stayed — say the building's co-owner Ross Hubbard, managing director of ...