Motel 6 Sold To Indian Hotel Operator For $525 Million

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Sat, 09/21/2024 - 8:32am

Motel 6 sold to Indian hotel operator for $525 million

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BING NEWS:

US’ Motel 6 sold to hotel operator Oyo for $525 million
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 USD 525 million.
09/21/2024 - 6:34 am | View Link
Indian hotel giant Oyo buys Motel 6 brand in $525M deal
Oyo to acquire Motel 6 for $525 million from Blackstone Real Estate in all-cash deal, expanding its presence in the U.S.
09/21/2024 - 5:48 am | View Link
Ticker: 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 ... G6 Hospitality which is the entity being sold. Blackstone said it “generated over $1 ...
09/21/2024 - 5:38 am | View Link
Motel 6 sold to Indian hotel operator Oyo for $525 million
The transaction will also include the sale of the Studio 6 motel brand, which caters to customers seeking extended stays.
09/21/2024 - 4:51 am | View Link
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 firm Blackstone, which owns Motel 6’s parent company G6 ...
09/21/2024 - 4:32 am | View Link
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