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Motel 6, the economy budget motel that has existed for six decades, announced that it will be acquired by Oyo, an Indian-based travel company, in a multi-million dollar sale. But there is no need ...

A hotel operator based in India is buying a classic piece of Americana — budget motel chain Motel 6. Oravel Stays, the parent company of global travel technology company Oyo, will pay current ...

SAN JOSE — A private equity firm’s quest to unload big chunks of its lodging portfolio has triggered the sales of at least four Motel 6 hotels in the South Bay, a review of public documents shows.

The budget motel brand Motel 6 will be acquired by the Indian travel company Oyo from Blackstone Real Estate for $525 million, the companies said Friday. With approximately 1,500 locations ...

An Indian hospitality technology firm is set to buy Motel 6, the motel chain's parent company announced Friday. In a press release, Blackstone Real Estate said that it came to terms with Oravel ...

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 ...