Tag: US hotel sector

The logo of OYO, India's largest and fastest-growing hotel chain, installed on a hotel building is pictured in an alley in New Delhi.(Reuters)
Posted in Business

Oyo to buy iconic hotel chains Motel 6 and Studio 6 for $525 million for US expansion

Homegrown hotel giant Oyo is purchasing Motel 6, one of America’s most recognizable lodging brands for $525 million from global investment management conglomerate Blackstone’s real…

Continue Reading