Global travel technology company, OYO’s US operations today announced plans to significantly expand its footprint in the United States. The company aims to add more than 250 hotels in the US in 2024.

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 ...

Oravel Stays, the parent company of the global travel technology company OYO, today announced that it has completed its previously announced acquisition of G6 Hospitality, the leading economy lodging ...

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 that ...

Motel 6, the economy budget motel that has existed for six decades, announced that it will be acquired by Oyo, an Indian-based travel company, in a multi-million dollar sale. But there is no need to ...

Motel 6, one of America’s most recognizable lodging brands, has a new owner after an India-based hotel giant has agreed to buy it for $525 million. Oyo, the new owner, said on Friday it is making the ...