OYO to buy US budget hotel brands from Blackstone in $525 million deal
Travel tech platform OYO is acquiring US-based G6 Hospitality, which runs budget hotel brands Motel 6 and Studio 6, from Blackstone Real Estate in a $525 million all-cash deal. The deal will boost OYO’s expansion in the US, a market where it has been building its presence for the past 5 years with a portfolio ...
