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 ...

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 ...

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 ...

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 ...

PRISM, the parent company of OYO, has announced a significant leadership realignment aimed at strengthening its global operations and supporting expansion across key markets. Ankit Tandon, currently ...

BENGALURU (Reuters) - SoftBank-backed <9984.T> Oyo Hotels and Homes is furloughing some employees to cut costs, it said on Wednesday, as lower travel due to the coronavirus pandemic slams the ...