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Oyo to Buy Motel 6 for $525 Million in U.S. Expansion Bid

Skift Blog

Skift Take: Oyo, based in India, has tried for years to gain traction in the U.S., but it has claimed that competitors have played hardball. It's now betting that buying a network is its best way to gain scale fast. Sean O'Neill Read the Complete Story On Skift

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OYO Parent Company to Acquire G6 Hospitality

Lodging

NEW DELHI and DALLAS—Oravel Stays, the parent company of the global travel technology company OYO, announced that it has agreed to acquire G6 Hospitality, the parent company of the Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million, in an all-cash transaction.

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Exclusive: Michael Johnson reflects on the first six months of Accommodation Australia

Hotel Management

We have a combination of perspectives, including the major five-star brands but also representatives for motels and independent hotels. With regards to our state advisory committees, we’re insisting on diversity within these committees – and that’s diversity across the industry.