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.
この記事は The Morning Standard の September 22, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Morning Standard の September 22, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Wholesome Goodness
How much food do you feed your child? A small bowl, a third of the plate, or maybe using the \"fist-sized stomach\" rule? No matter how you measure, there's always that lingering question - \"Is my child full, or am I overfeeding them?\"
Vikrant Massey announces retirement from acting: 'Time to recalibrate and go back home'
Vikrant Massey took to social media on Monday morning to announce his retirement from acting.
GOING BANANAS OVER ART
MAKING it to the headlines requires certain unwritten qualifications. It must grip the collective attention of the nation, the achievement of which is no mean task.
SEVENTIES' MUSIC, SEVENTIES' MOOD SWINGS
In his latest book, The Extraordinary Life of Max Bulandi, author Sidharth Singh explores the beginning of the rock music scene in India in the Seventies through the adventurous life of a rockstar
ISL: Jamshedpur FC make home advantage count
JAMSHEDPUR FC scored three second-half goals to get the better of Mohammedan SC 3-1 in the Indian Super League in Jamshedpur on Monday.
SA20's goal is to be the best T20 league after IPL: Smith
WHEN Cricket South Africa kick-started the inaugural edition of the SA20 League in 2023, they knew they had to get it right.
32 sports at National Games
The roster for the 38th edition of the National Games, which will be held in Uttarakhand from January 28 to February 14, will feature 32 core and four demonstration sports, including yogasana and mallakhambh.
FEI sanctions EFI over non-payment of dues
IN a big embarrassment for the country, the International Equestrian Federation (FEI) decided not to allocate any solidarity projects and courses to India and advised its officials not to travel there without prior payment of their expenses by the Equestrian Federation of India (EFI).
‘Time for FIFA to think shifting WC to spring/autumn’
When the 2022 FIFA World Cup was shifted to November-December because of the merciless heat of the desert, there was a lot of hue and cry. Stadiums in Qatar had air-conditioning systems installed, and matches, despite the heat, went on. Argentina were crowned champions, and it is time to shift our attention towards North America—US, Canada, and Mexico—where the next World Cup is set to be held in 2026.
AN EYE FOR DETAIL
Photographers explain how they look at chess through the lens and why they have to be on their toes
