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Oyo agreed to purchase the iconic US hotel chains Motel 6 and Studio 6 with around 1,500 locations in the US and Canada from Blackstone Real Estate. ... The logo of OYO, ...
Hotels, agencies say travel demand is softening 02:21. 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 ...
India's IPO-bound Oyo Hotels posted positive group core earnings for the first time as a rebound in travel demand powered bookings, a filing from the SoftBank Group-backed hotel aggregator showed ...
OYO's parent company Oravel Stays has unveiled plans to grow its upscale SUNDAY Hotels brand by inaugurating 100 properties around the world in the fiscal year 2025-2026 (FY 2026). This move is ...
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 ...
Motel 6 Sold to Oyo, Indian Hotel Giant That Is Ramping Up in U.S. Blackstone agrees to sell one of America’s most recognizable lodging brands for $525 million By ...
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 ...
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Oyo to buy iconic hotel chains Motel 6 and Studio 6 for $525 million for US expansion - MSNOyo agreed to purchase the iconic US hotel chains Motel 6 and Studio 6 with around 1,500 locations in the US and Canada from Blackstone Real Estate. advertisement. Hindustan Times.
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