Blackstone acquired Motel 6 from French hospitality group Accor in 2012 for $1.9 billion. At first blush, the deal with OYO may look like a bad return for investors. But Blackstone says it has spent ...
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 ...