OYO to acquire iconic Motel 6 brand in $525 million all-cash deal
The logo of OYO. Image used for representative purpose only. | Photo Credit: Thulasi Kakkat IPO-bound travel tech platform OYO on Saturday (September 21, 2024) announced it has agreed to acquire iconic American budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real Estate for $525 million in an all-cash transaction, as the … Read more
