The transaction is expected to close in the fourth quarter of 2024, subject to customary closing conditions.
G6 Hospitality is a leading economy lodging franchisor and parent company of the well-known Motel 6 and Studio 6 brands. Motel 6's franchise network produces gross room revenues of $1.7 billion, which generates a strong fee base and cash flow for G6.
Oyo said it has steadily expanded its footprint in the United States since its launch in the region in 2019 and currently operates over 320 hotels across 35 states. In 2023, OYO added nearly 100 hotels to its US portfolio and aims to add 250 hotels in 2024.
Diese Geschichte stammt aus der September 22, 2024-Ausgabe von The New Indian Express.
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Diese Geschichte stammt aus der September 22, 2024-Ausgabe von The New Indian Express.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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70% dip in J&K, N E & Naxal violence in 10 yrs, says Shah
UNION Home Minister Amit Shah on Tuesday said the BJ P-led government at the Centre has brought down violence in Jammu and Kashmir, Northeast and Naxalite-hit areas by 7O % in the last 10 years.
NOW YOU SEE ME 3 WRAPS FILMING
IONSGATE has announced that their upcoming film Now You See Me 3 has officially wrapped shooting.
A BLEAK LIFE
THE first thing that would catch the eye of the subcontinental audience about the Kazakh film Madina is the nice, amiable way it brings India and Pakistan together:
'Cross presentsanew evolution ofthe thriller game'
Cross star Aldis Hodge speaks about his titular role in the Prime Video series, its views on morality and justice, working with creator Ben Watkins, his vision for the future of the character,
The magic of millets
Millets are small-seeded plants grown around drought-resistant farmlands.
Javier Bardem to headline CAPE FEAR
WE had earlier reported that Martin Scorsese's 1991 film, Cape Fear, is being adapted into a series by Apple TV+. Now, it has been revealed that Academy Award-winner Javier Bardem will be taking on the lead role in the series.
PORTIONS OF INEQUALITY
What and how much is served on one's plate has a greater connotation - it talks loud about food as a tool of dominance
Sharpening sportsmanship
When former India all-rounder and coach Robin Singh set up his cricket academy in the United Arab Emirates, Stephen Vincent, a noted coach with a vast experience from Chennai, was among the coaching staff at the academy. He went on to become the chief coach under Robin. And now, Vincent is the head coach of the Dunes Cricket Academy, which has three centres with turf wickets and Astro wickets, with the main one being at the Karama Sports Bay Centre.
AGE HOW NATURE TRACKS TIME
Different animal species grow older, or younger, differently, but ageing is determined by the ecosystems they occupy and the natural role they are designated
From Indirais 6pro-Hindu, turn to Modi's 6new phase,
Rae's ultimate non-decision According to the author, Rao inherited \"a very difficult situation\" when he took over as PM after Rajiv Gandhi's assassination.
