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The New York Times

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.



Source link : https://www.nytimes.com/2024/09/20/business/motel-6-oyo-blackstone.html

Author : John Koblin

Publish date : 2024-09-21 01:15:22

Copyright for syndicated content belongs to the linked Source.

Tags : The New York Times

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