Motel 6 Is Sold to Oyo, an Indian Hotel Company Expanding in the U.S.

[ad_1]

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.

[ad_2]

Source link : https://www.nytimes.com/2024/09/20/business/motel-6-oyo-blackstone.html

Author : John Koblin

Publish date : 2024-09-21 03:15:22

Copyright for syndicated content belongs to the linked Source.