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Oyo 2.0: After Motel 6 Acquisition, Next Comes an IPO

Skift Blog

Skift Take: The Motel 6 acquisition marks a huge step forward for Oyo. With an IPO on the horizon, the big question is: Will it be the blockbuster Oyo’s aiming for? Peden Doma Bhutia Read the Complete Story On Skift

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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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Blackstone Weighs Sale of Motel 6 Owner: Report

Skift Blog

Skift Take: A famous investment firm is leaving the light on for potential buyers of its budget hotel portfolio. Sean O'Neill Read the Complete Story On Skift

Motels 293
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Hotel Wren Opens in Twentynine Palms

Lodging

TWENTYNINE PALMS, CaliforniaHotel Wren, a reimagined 1940s roadside motel, is now open in Twentynine Palms at the gateway to Joshua Trees north entrance. The 12-room property, designed byJessica Pell, founder of Los Angeles-basedManola Studio, is located just 10 minutes from Joshua Tree National Park.

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Oyo Pursues UK Hotel Acquisitions After Buying Motel 6 in U.S.

Skift Blog

Skift Take: Oyos UK strategy reflects a broader industry shift from chasing mass-market affordability to prioritizing quality and guest experiences. Peden Doma Bhutia Read the Complete Story On Skift

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How to Run a $7.5 Billion Luxury Hotel Portfolio: Inside Gencom’s Strategy

Skift Blog

Skift Take: Karim Alibhai's began his career at a Best Western motel. In the decades since, his firm Gencom has bought, sold, and developed eight Ritz-Carltons and dozens of other luxury hotels. Here's his formula. 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.