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 ...

Zostel has urged SEBI to direct OYO to make additional, balanced disclosures so that prospective investors receive what it ...

Budget hostel chain Zostel has withdrawn an urgent application it had filed with the Delhi High Court seeking protection for ...

While the budget hospitality firm OYO rapidly expands in the United States, Motel 6 will continue to leave the light on under its own brand. The brash, 11-year-old Indian hospitality startup OYO is ...

Blackstone, the private equity powerhouse, has agreed to sell Motel 6, the iconic American budget hotel chain, to Oyo, an Indian hotel operator, for $525 million in cash. The deal, reported by The ...

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 ...