Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with ...

One of India’s largest startups, budget hotel company Oyo, has reached a deal to acquire G6 Hospitality, which operates Motel 6. Oyo says it will pay Blackstone Real Estate $525 million in an all-cash ...

India-based hotel operator OYO is acquiring Motel 6's parent company, G6 Hospitality, for $525 million in an all-cash transaction, according to a release from Blackstone Real Estate. Oravel Stays, ...

WASHINGTON — 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 ...

As India's spending power increases, IPO-bound Oyo has been expanding beyond its traditional franchise and economy model. Along with its premiumization push, the company has now set its sights on the ...

Religious tourism has been experiencing a resurgence in India, and Oyo recognizes the importance of securing the first-mover advantage in this growing trend. IPO-bound hospitality and travel ...

SAO PAULO/NEW DELHI/BENGALURU, Sept 4 (Reuters) - SoftBank Group is taking a direct role in managing its virus-hit hospitality startup Oyo's operations in Latin America through a joint venture which ...