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Motel 6 sold to Indian hotel operator Oyo for $525 million - CBS News
The transaction will also include the sale of the Studio 6 motel brand, which caters to customers seeking extended stays.
By: CBS News
- Sep 22 2024
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The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India.
The New York-based investment firm Blackstone, which owns Motel 6's parent company G6 … [+1412 chars]