An unidentified victim, a minor at the time, filed a federal lawsuit alleging repeated sex trafficking in 2017 and 2018.
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 announced Friday that the deal would be an ...
SAN JOSE — A private equity firm’s quest to unload big chunks of its lodging portfolio has triggered the sales of at least four Motel 6 hotels in the South Bay, a review of public documents shows.
India-based hotel operator OYO is acquiring Motel 6's parent company, G6 Hospitality, for $525 million in an all-cash transaction, according to a release from Blackstone Real Estate. Oravel Stays, ...
Photo Credit: A Studio 6 extended-stay hotel in Corpus Christi, Texas. G6 Hospitality. As Oyo takes the wheel at Motel 6, it’s not just revamping operations. By expanding beyond OTAs and focusing on ...
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 ...
SAN JOSE — Texas-based real estate investors have scooped up a budget-friendly motel property in the South Bay, a deal that extends a private equity firm’s sales of its lodging sites. The 204-room ...
Blackstone is refinancing a portfolio of 106 Motel 6 and Studio 6 hotels across the country. The firm’s G6 Hospitality secured a $685 million commercial-backed securities loan from Goldman Sachs and ...
No arrests have been made after one man was shot in the Motel 6 parking lot in the 200 block of Stephenson Ave. Monday night.