22 (UPI) --Motel 6, known for its bare-bones motel rooms ... Group's shares drop following operational losses Oct. 16 (UPI) -- California-based Lucid Group's shares price dropped by 10% during ...

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 ...

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 ...

Motel 6 Sold to Indian Hotel Operator for $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 ...

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 brash, 11-year-old Indian hospitality startup OYO is buying G6 Hospitality, which owns Motel 6, for $525 million in an all-cash transaction, the budget lodging chain’s parent Blackstone Real ...

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 ...

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 ...

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 ...

It's now betting that buying a network is its best way to gain scale fast. Oyo is acquiring Motel 6 and Studio 6 from Blackstone for $525 million in an all-cash deal. The acquisition aims to ...

Representative image NEW DELHI: IPO-bound travel tech platform OYO on Saturday announced it has agreed to acquire iconic American budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real ...