{"id":890535,"date":"2024-12-24T08:42:47","date_gmt":"2024-12-24T03:12:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=890535"},"modified":"2024-12-24T08:46:58","modified_gmt":"2024-12-24T03:16:58","slug":"oyo-completes-525-million-acquisition-of-g6-hospitality-from-blackstone","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/24\/oyo-completes-525-million-acquisition-of-g6-hospitality-from-blackstone\/","title":{"rendered":"OYO completes $525 million acquisition of G6 Hospitality from Blackstone"},"content":{"rendered":"<p>Travel tech company Oyo on Monday said it has completed the acquisition of US-based G6 Hospitality from Blackstone for $525 million. The all-cash deal was initially announced in September. <\/p>\n<p>G6 Hospitality is an economy lodging franchisor and the parent company of Motel 6 and Studio 6 brands. With this acquisition, Oyo will get around 1,500 franchised hotels across the USA and Canada.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Travel tech company Oyo on Monday said it has completed the acquisition of US-based G6 Hospitality from Blackstone for $525 million. The all-cash deal was initially announced in September. G6 Hospitality is an economy lodging franchisor and the parent company of Motel 6 and Studio 6 brands. With this acquisition, Oyo will get around 1,500 franchised hotels across the USA and Canada.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-890535","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/890535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=890535"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/890535\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=890535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=890535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=890535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}