India’s Oyo acquires Motel 6 for $525M #Ecommerce - The Entrepreneurial Way with A.I.

Breaking

Saturday, September 21, 2024

India’s Oyo acquires Motel 6 for $525M #Ecommerce

#SeoTips

One of India’s largest startups, budget hotel company Oyo, has reached a deal to acquire G6 Hospitality, which operates Motel 6. Oyo says it will pay Blackstone Real Estate $525 million in an all-cash transaction. The acquisition also includes the Studio 6 extended stay brand and is expected to close in the fourth quarter of […]

© 2024 TechCrunch. All rights reserved. For personal use only.



via https://www.aiupnow.com

Anthony Ha, Khareem Sudlow