TravelTech

OYO To Invest $10 Mn In G6 Hospitality’s Digital Assets

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SUMMARY

Through this investment, the company aims to grow Motel 6 website and My6 application by strengthening the number of app installations by 4X

Last year, OYO’s parent Oravel Stays Ltd acquired G6 Hospitality from Blackstone Real Estate for $525 Mn (around INR 4382.72 Cr) in an all-cash transaction

As of 2024, OYO claims to offer over 40 integrated products and solutions to patrons who operate above 157K hotel and home storefronts in more than 35 countries

Ritesh Agarwal-led hospitality giant OYO is looking to invest…

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