This acquisition marks a new chapter in the American hospitality landscape. With approximately 98% of G6 hotel properties owned by AAHOA members, this landmark agreement marks a promising opportunity for continued growth, collaboration and innovation in the budget hotel sector.
OYO’s acquisition of the Motel 6 and Studio 6 brands in black stone for $525 million positions the India-based hotel company for significant expansion into the U.S. market.
“AAHOA looks forward to building a strong relationship with OYO, ensuring the continued success of the Motel 6 and Studio 6 franchise network,” said President Miraj S. Patel.
“Our members have always valued the strong partnerships we have developed with G6 and we hope this new chapter with OYO will strengthen those ties. Together, we can continue to innovate and deliver high-quality guest experiences.”
The acquisition of OYO presents new opportunities for shared success, given its plans to maintain Motel 6/Studio 6 operations while infusing new ideas.
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“We are excited about what the future holds,” said President and CEO Laura Lee Blake. “OYO’s acquisition of G6 brings a unique combination of global experience and local market understanding that we believe will benefit both our members and the broader hospitality community. At AAHOA, we remain committed to supporting our members through these changes in the industry, ensuring they are equipped to thrive in an evolving market. As OYO integrates the Motel 6 and Studio 6 brands, AAHOA remains committed to supporting its members and fostering productive partnerships that advance the industry.
About AAHOA
AAHOA is the nation’s largest hotel owners association and its member properties represent a significant portion of the U.S. economy. AAHOA’s 20,000 members own 60% of the hotels in the United States and are responsible for 1.7% of the country’s GDP.
More than 1 million employees work at AAHOA member-owned hotels, earning $47 billion annually, and member-owned hotels support 4.2 million jobs across all sectors of the U.S. hospitality industry. .
AAHOA’s mission is to promote and protect the business interests of hotel owners through advocacy, industry leadership, professional development, member benefits and community involvement.
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