Articles tagged “motel 6”

OYO is acquiring G6 Hospitality from Blackstone for $525 million, adding 1,500 U.S. and Canadian locations while keeping Motel 6 and Studio 6 brands independent.

Oyo, based in India, has tried for years to gain traction in the U.S., but it has claimed that competitors have played hardball. It's now betting that buying a network is its best way to gain scale fast.

There's a lot of opportunity for strategic growth investment in travel tech, and Blackstone wants to jump in.

A famous investment firm is leaving the light on for potential buyers of its budget hotel portfolio.

With the two-year anniversary of the pandemic just around the corner, hotel companies are going to be eager to buy and sell around the premise the travel industry is settling into a new normal.

The world may be on edge with a surge of new cases stemming from the Omicron variant, but governments are generally staying the course in keeping borders open. Hotel companies are maintaining growth mode with new deals and a potential blockbuster sale.

For travelers, tech overload can easily lead to burnout, but when used the right way, a flexible platform can foster a solid human connection.

While most American road trips are DIY, created piecemeal on a budget, the luxury set has options and smart travel brands know who to target.

Best of luck to the next CEO who'll have to deal with those two lawsuits alleging that the company's owned hotels were handing over undocumented guests' information to ICE.

Expedia penned its second loyalty-enrollment agreement with a hotel chain, but like the previous pact with Red Lion's parent, the G6 Hospitality deal isn't any kind of game-changer for Expedia as it tries to soften the effects of the the big chains' direct-booking campaigns.