Articles tagged “motel 6”

As Oyo takes the wheel at Motel 6, it’s not just revamping operations. By expanding beyond OTAs and focusing on direct bookings and corporate demand, Oyo looks to cut commissions, boost margins, and build loyalty through better control of customer data.

India’s travel scene is witnessing rapid growth. With Leela Palaces' $599 million IPO, smart acquisitions, and growing aviation, things are taking off. Visa relaxations just sweeten the deal.

The Motel 6 acquisition marks a huge step forward for Oyo. With an IPO on the horizon, the big question is: Will it be the blockbuster Oyo’s aiming for?

OYO is acquiring G6 Hospitality from Blackstone for $525 million, adding 1,500 U.S. and Canadian locations while keeping Motel 6 and Studio 6 brands independent.

Oyo, based in India, has tried for years to gain traction in the U.S., but it has claimed that competitors have played hardball. It's now betting that buying a network is its best way to gain scale fast.

There's a lot of opportunity for strategic growth investment in travel tech, and Blackstone wants to jump in.

A famous investment firm is leaving the light on for potential buyers of its budget hotel portfolio.

With the two-year anniversary of the pandemic just around the corner, hotel companies are going to be eager to buy and sell around the premise the travel industry is settling into a new normal.

The world may be on edge with a surge of new cases stemming from the Omicron variant, but governments are generally staying the course in keeping borders open. Hotel companies are maintaining growth mode with new deals and a potential blockbuster sale.

For travelers, tech overload can easily lead to burnout, but when used the right way, a flexible platform can foster a solid human connection.