As India's spending power increases, IPO-bound Oyo has been expanding beyond its traditional franchise and economy model. Along with its premiumization push, the company has now set its sights on the ...

India-based hotel operator OYO is acquiring Motel 6's parent company, G6 Hospitality, for $525 million in an all-cash transaction, according to a release from Blackstone Real Estate. Oravel Stays, ...

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 ...

Indian budget hospitality giant Oyo, which entered the United States market in 2019, announced on Friday it would acquire from Blackstone Real Estate the economy hotel franchiser G6 Hospitality for ...

On this week's podcast, our India-based editors look at IndiGo's new business class offering and discuss the latest on Oyo's IPO plans. Did you miss out on some of the biggest stories from India last ...

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 ...

Oyo founder Ritesh Agarwal revealed that Amazon's Jeff Bezos inspired his business strategy with the quote 'Hope is not a plan.' Agarwal emphasized the importance of structured planning and risk ...

Ritesh Agarwal, the founder and CEO of OYO, has credited Jeff Bezos’s philosophy, particularly the notion that “hope is not a plan,” as a guiding principle in building his global hospitality empire.

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 ...