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 ...

An Indian hospitality technology firm is set to buy Motel 6, the motel chain's parent company announced Friday. In a press release, Blackstone Real Estate said that it came to terms with Oravel Stays ...

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 ...

WASHINGTON — 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 ...

Photo Credit: A Studio 6 extended-stay hotel in Corpus Christi, Texas. G6 Hospitality. Oyo-owned G6 Hospitality is bringing Texas-based hotel management company Galaxy Hotels Group back into its ...

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 ...