Motel 6 owner Blackstone sells chain to Indian hotel startup for $525 million - USA TODAY

The budget hotel chain Motel 6 was sold to the Indian hotel start up firm that operates OYO hotels for $525 million in a cash transaction.

By: USA Today

Sep 24 2024
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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 Stay… [+1224 chars]

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