OYO, the travel tech platform, is set to acquire American budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real Estate for USD 525 million. The acquisition aims to expand OYO's presence in the US. The deal is expected to close in the fourth quarter of 2024, subject to customary conditions. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
