💨 Abstract
AAHOA, the largest U.S. hotel owners association, welcomes OYO's acquisition of G6 Hospitality, which includes Motel 6 and Studio 6 brands. The deal, worth USD 525 million, promises growth and innovation in the budget hotel sector as 98% of G6 properties are owned by AAHOA members. OYO aims to maintain Motel 6/Studio 6 operations while infusing fresh ideas.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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