#oyo

#oyo

Motel 6 will be acquired by Oyo for $525 million, allowing Oyo to strengthen its presence in the U.S. while continuing to operate Motel 6 independently. [ more ]

Motel 6 is acquiring by Oyo's parent company in a $525 million cash transaction to enhance international presence. [ more ]

Oyo is expanding its international presence by acquiring G6 Hospitality, which includes the well-known Motel 6 brand, for $525 million. [ more ]

Motel 6 is being sold to Oyo for $525 million, marking Oyo's significant expansion in the U.S. budget hotel market. [ more ]

Oyo's valuation dropped from $10 billion to $2.4 billion in a new funding round, reflecting its challenging financial situation. [ more ]

Oyo is finalizing a fundraise that will decrease its valuation to $2.5 billion from $10 billion in 2019. [ more ]