Discussions » 🇮🇳 Hotel chain merger with an eye on workspace needs (🔗 Visit source)

Indian based OYO makes a big play into the USA market by purchasing the Motel 6 brand from Blackstone real estate. With over 157,000 hotels in 32 markets, OYO is a major hotel player in almost every market except for North America. By purchasing Motel 6, they now have a sizeable network to compete with.

ICYMI: OYO has a Workspaces brand that they have been slowing growing out of just being a third party aggregator to include and offer workspace at their hotel locations.

🗞 Back to Week 39, 2024 Newsletter · 🔗 Direct Link · 🤝 Market Moves · ⏱ Shared 72 days ago.

Leave a comment, ask a question or add context.