OYO seals $525m deal to acquire G6 Hospitality from Blackstone
In a monumental move, OYO is set to acquire G6 Hospitality, the parent company of Motel 6 and Studio 6, from Blackstone Real Estate in a $525 million all-cash deal. This acquisition, expected to close in late 2024, will significantly bolster OYO’s presence in the U.S. market, a region where the company has seen steady […]