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.
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