OYO’s bold acquisition of G6 Hospitality for $525 million marks a pivotal expansion in its U.S. presence, enhancing Motel 6’s legacy.
OYO, the global travel technology firm, is expanding its presence in the U.S. by acquiring G6 Hospitality, which includes Motel 6 and Studio 6, for $525 million in cash. Since entering the U.S. Market in 2019, OYO has grown to operate over 320 hotels and plans to add another 250 in the coming year. This ...