Motel 6 sold to India-based OYO hotels for $525 million: ‘New chapter’
Motel 6's parent company has been acquired by India-based OYO Hotels in an all-cash deal worth $525 million, according to a press release. (Source: File) India-based hotel operator OYO is acquiring Motel 6 parent company G6 Hospitality in an all-cash deal worth $525 million, according to a statement from Blackstone Real Estate. Oravel Stays, which […]