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

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.

John Koblin
Author: John Koblin

Written by

John Koblin

in

Hotels and Travel Lodgings, India, Mergers, Acquisitions and Divestitures, Motel 6, Oyo (Oravel Stays Pvt Ltd), Private Equity
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