OYO Completes Acquisition of G6 Hospitality, Plans to Add Over 150 Hotels by 2025 [Yahoo! Finance Canada]
Blackstone Inc. (BX)
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Source: Yahoo! Finance Canada
Additionally, OYO plans to accelerate the growth of G6 Hospitality's operations, focusing on technology integration, property upgrades, and market expansion. OYO plans to add over 150 hotels in 2025 as part of the Motel 6 & Studio 6 brands. This is expected to strengthen the brands' presence in key markets. OYO has outlined its vision for the future of Motel 6 and Studio 6, focusing on growth while preserving the iconic brands' core values, distinct identity and leveraging the advantages of a shared corporate structure. OYO will maintain and strengthen the Motel 6 and Studio 6 brands as they command a strong brand recognition and loyal customer base built over decades. All existing franchise agreements, including exclusivity rights, will be honored, and the current franchise success teams will continue their operations without disruption. OYO plans technological advancements to enhance the guest experience and operational efficiency. The company will take the support of its 300-m
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