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Oyo acquires G6 Hospitality to boost US presence
PRIVATEJun 30, 2026•29 days ago
Acquiring Company
Oyo
Acquired Company
G6 Hospitality
Description
Oyo has acquired G6 Hospitality, the parent company of Motel 6 and Studio 6, strengthening its footprint in North America. This acquisition marks a significant shift in Oyo's business, making the US its largest market. The move follows Oyo's earlier acquisition of the Leisure Group in Europe and aligns with its strategy to expand internationally ahead of its upcoming IPO.
Company Information
Company
Oyo
About
Oyo, founded in India in 2012 by Ritesh Agarwal, matches similarly with Motel 6 in the type of budget offerings in secondary and tertiary markets. Oyo currently has a network of more than 43,000 properties worldwide and plans to increase its U.S. footprint by more than 250 hotels in 2024. Oyo's innovative approach to hospitality aims to enhance offerings and value to guests.