Oyo completes US-based G6 Hospitality acquisition for $525 million

SoftBank-backed Oyo has acquired G6 Hospitality, the US-based operator of the Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million.

The deal is expected to increase Oyo’s earnings before interest, taxes, depreciation and amortisation (Ebitda) to over Rs 2,000 crore in FY26. Motel 6 is projected to contribute an Ebitda of over Rs 630 crore in the coming financial year, the first full year of its integration, according to the company.