Motel 6 is sold to an Indian hotel company for $525 million
- Posted on September 23, 2024
- By NPR
- 2 Views
Motel 6 is sold to an Indian hotel company for $525 million
The sale to Oyo, a travel business, will include the Studio 6 motel brand, which caters to customers seeking extended stays. The all-cash transaction is expected to be finalized by the end of the year.