OYO to Acquire Iconic Motel 6 Brand in $525 Million All-Cash Deal; Details Here

OYO has agreed to acquire iconic US-based budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real Estate for $525 million in an all-cash transaction, as the Indian unicorn eyes expansion in the US.

Sep 21, 2024 - 15:30
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OYO to Acquire Iconic Motel 6 Brand in $525 Million All-Cash Deal; Details Here
OYO has agreed to acquire iconic US-based budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real Estate for $525 million in an all-cash transaction, as the Indian unicorn eyes expansion in the US.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!