OYO Acquires Motel 6 Hotel Chain in the US for $525 Million Under Ritesh Agarwal's Leadership
Motel 6, a motel business in the United States, was recently acquired by OYO from Blackstone Real Estate for a price of $525 million. As a consequence of this, the Indian hotel aggregator would acquire almost 1400 properties located around the United States. It was announced on September 20, 2024,