The transaction will also include the sale of the Studio 6 motel brand, which caters to customers seeking extended stays.
The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India ...
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A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million ...
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