Sun. Dec 22nd, 2024

Oyo’s Parent Company Acquires G6 Hospitality for $525M

OYO Hotels & Homes’ parent company, Ritesh Agarwal-led Oravel Stays Private Limited, has announced the acquisition of G6 Hospitality for $525 million. G6 Hospitality is the franchisor of the Motel 6 and Studio 6 brands in North America.

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