While the budget hospitality firm OYO rapidly expands in the United States, Motel 6 will continue to leave the light on under its own brand. The brash, 11-year-old Indian hospitality startup OYO is ...

One of India’s largest startups, budget hotel company Oyo, has reached a deal to acquire G6 Hospitality, which operates Motel 6. Oyo says it will pay Blackstone Real Estate $525 million in an all-cash ...

Forbes contributors publish independent expert analyses and insights. Jeff has written about travel, sports & loyalty w/ a focus on Gen Z. Budget lodging has historically been the last mile of travel ...

A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million in an all-cash deal. By John Koblin Motel 6, the budget hotel chain that ...

Sept. 22 (UPI) --Motel 6, known for its bare-bones motel rooms, low prices and blue sign emblazoned with a red "6," has been sold for $525 million to India-based hotel operator Oyo, Blackstone Real ...

A hotel operator based in India is buying a classic piece of Americana — budget motel chain Motel 6. Oravel Stays, the parent company of global travel technology company Oyo, will pay current owner ...

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 G6 ...

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 to ...