Oravel Stays (OYO Rooms) Unlisted Shares
India's OYO acquires US motel chain G6 Hospitality for $525m
Deal Street Asia
2 min read
OYO Acquires G6 Hospitality for $525 Million, Expands North American Presence.
Expert Analysis:
Acquisition Overview: OYO acquires G6 Hospitality for $525 million in an all-cash deal, expanding into the US and Canadian markets.
G6 Hospitality’s Network: G6 Hospitality, the parent company of the Iconic Motel 6 and Studio 6, operates nearly 1,500 economy lodging locations across the US and Canada, generating $1.7 billion in gross room revenue.
Location Advantage: G6 motels are strategically located near airports, freeways, and thoroughfares, with Studio 6 featuring over 200 properties in cities like Atlanta, Dallas, Houston, Seattle, and Canada.
Closing Timeline: The acquisition is expected to close in Q4 2024, pending customary closing conditions.
Funding and Valuation: The acquisition follows OYO's $173.5 million Series G funding, which reduced its valuation to $2.5 billion, down from a previous valuation of $10 billion.
OYO’s $525 million G6 acquisition strengthens its North American presence with nearly 1,500 properties.
Precize Daily Pulse
The latest news in the world of Unlisted Shares, summarised by our experts.
Company
Our Office
Office No. 1219, The Summit Business Park, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra - 400093
Find us on Googlesupport@precize.in
+91 7738336457
All trademarks and logos or registered trademarks and logos found on this Site or mentioned herein belong to their respective owners and are solely used for informational and educational purposes.
The material presented in this advertisement is for informational purposes only and should not be construed as investment advice or investment availability. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular unlisted share, security, strategy, or investment product. Investing in the private market and securities involves risks, including the potential loss of money, and past performance does not guarantee future results. Market trends, data interpretations, graph projections are provided for informational and illustrative purposes and may not reflect actual future performance. Nothing on this website should be construed as personalized investment advice or should not be treated as legal, financial, or any other form of advice. Precize is not liable for financial or any other form of loss incurred by the user or any affiliated party based on information provided herein.
Precize is neither a stock exchange nor does it intend to get recognized as a stock exchange under the Securities Contracts Regulation Act, 1956. Precize is not authorized by the capital markets regulator to solicit investments. The securities traded on these platforms are not traded on any regulated exchange.
The website will be updated regularly.
Copyright © 2026 - Precize - All Rights Reserved