November 22, 2024 21:12 (IST)
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OYO to acquire iconic hotel chains Motel 6 and Studio 6 for $525 million in US expansion bid

OYO to acquire iconic hotel chains Motel 6 and Studio 6 for $525 million in US expansion bid

New Delhi/IBNS: Indian homegrown hospitality giant Oyo is set to acquire Motel 6, one of the most well-known budget hotel chains in the United States, for $525 million from Blackstone's real estate division.

SoftBank CEO Masayoshi Son attends OYO founder Ritesh Agarwal's wedding

SoftBank CEO Masayoshi Son attends OYO founder Ritesh Agarwal's wedding

New Delhi: SoftBank CEO and founder Masayoshi Son attended the wedding ceremony of Ritesh Agarwal, the founder of OYO in Delhi. The occasion was also attended by several prominent corporate figures, including Vijay Shekhar Sharma of Paytm, Peyush Bansal of Lenskart, and Kalyan Krishnamurthy, the CEO of Flipkart, according to media reports.