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 ...
As Oyo eyes an IPO, its pivot to premium and self-serviced hotels shows where the money is, with higher occupancies, better ratings, and a clearer path to investor confidence. Oyo-parent Prism is ...
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