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Motel 6 Brand Sold to OYO for $525 Million - MSNMotel 6’s franchise network produces gross room revenues of $1.7 billion, and OYO plans to leverage its comprehensive technology suite as well as its global distribution network and marketing ...
A woman was found in a Motel 6 with 53 cats in Farmington Hills, all in good health. No charges were filed; she surrendered ...
2025 C-Suite Leaders Awards. The Dallas Business Journal C-Suite awards program will honor CEOs, CFOs, COOs, ... Motel 6 picks new ad agency after split with The Richards Group.
Motel 6, the economy budget motel that has existed for six decades, announced that it will be acquired by Oyo, an Indian-based travel company, in a multi-million dollar sale. But there is no need ...
The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India. The New York-based investment firm Blackstone, which owns Motel 6’s parent company ...
Tom Bodett, known for his radio and TV ads telling travelers that at Motel 6 "we'll leave the light on for you," has sued the motel chain for using his name and voice without permission, after ...
This Jan. 3, 2018 file photo shows a Motel 6 in SeaTac, Wash. (AP Photo/Elaine Thompson, File) Author: Associated Press Published: 12:42 PM EDT September 23, 2024 ...
Motel 6, one of America’s most recognizable lodging brands, has a new owner after an India-based hotel giant has agreed to buy it for $525 million. Oyo, the new owner, said on Friday it is ...
India-based hotel operator OYO is acquiring Motel 6's parent company, G6 Hospitality, for $525 million in an all-cash transaction, according to a release from Blackstone Real Estate. Oravel Stays ...
Hotels, agencies say travel demand is softening 02:21. The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India.. The New York-based ...
Blackstone purchased Motel 6 and extended-stay brand Studio 6, included in the deal, in 2012 for $1.9 billion and formed a parent company to manage them, G6 Hospitality which is the entity being sold.
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