Motel 6 - Wikipedia
Unlike the majority of hotel chains, Motel 6 directly owns and operates most of its locations. To expand more rapidly outside its traditional Western United States base, the chain started franchising in 1994. Accor management also took over …
Motel 6 has a new owner, Indian hotel operator Oravel Stays, Oyo ...
Sep 21, 2024 · 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...
Motel 6 sold to OYO owner for $525 million - USA TODAY
Sep 22, 2024 · The budget hotel chain Motel 6 was sold to the Indian hotel start up firm that operates OYO hotels for $525 million in a cash transaction.
This Indian Startup Is Buying Motel 6 For $525 Million - Forbes
Sep 23, 2024 · T he 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...
Oyo completes deal for G6, replaces CEO, plans expansion
Dec 18, 2024 · NEW DELHI, DALLAS — Oravel Stays, the parent company of New Delhi-based travel technology company Oyo, has completed the previously announced acquisition of G6 Hospitality from Blackstone for $525 million and, while making big c-suite changes, said it is planning to add in next year 150 hotels to the Motel 6 and Studio 6 brands.
Blackstone to sell Motel 6 chain, parent company for $525M
Sep 21, 2024 · Oravel Stays, the parent company of global travel technology company Oyo, will pay current owner Blackstone $525 million for franchisor G6 Hospitality and its Motel 6 and Studio 6 extended-stay...
Motel 6 to be acquired by Indian company in $525m cash deal
Sep 24, 2024 · Oravel Stays, the parent company of India-based travel technology company OYO, has announced it has agreed to acquire G6 Hospitality, the parent company of budget hotel brands Motel 6 and Studio 6, from Blackstone Real Estate for $525 million, in …
Motel 6 Sold to Indian Hotel Operator for $525 Million - U.S.
Sep 21, 2024 · 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.
About Us - G6 Hospitality
G6 Hospitality LLC is the leading economy lodging franchisor, with nearly 1,500 economy lodging locations under the Motel 6 and Studio 6 brands in the United States and Canada. Its portfolio of iconic brands has been synonymous with quality and great travel value for over 60 years.
Oyo to acquire parent company of Motel 6 for $525 million
Sep 23, 2024 · Indian budget hospitality giant Oyo, which entered the U.S. market in 2019, announced on Sept. 20 it would acquire economy hotel franchiser G6 Hospitality from Blackstone Real Estate for $525...
- Some results have been removed