OYO acquires Motel 6-parent G6 Hospitality for $525 Mn OYO has agreed to acquire G6 Hospitality, operator of Motel 6 and Studio 6, for $525 million in an all-cash deal. The acquisition, expected to close by late 2024, will transfer G6 from Blackstone Real Estate to OYO. Motel 6 operates 1,450 hotels across the US and Canada, generating $1.7 billion in gross room revenues. This marks OYO's second major acquisition, following its purchase of Checkmyguest for $27 million. OYO recently raised $175 million, with $100 million from founder Ritesh Agarwal, and plans to refile its IPO papers. Despite turning profitable last year, OYO's revenue from operations dropped 1.4% to Rs 5,389 crore in FY24. #Entrackr #Fintrackr #News #Startup #StartupNews #IndianStartup #OYOAcquisition #OYOGlobalExpansion #OYOInvestments #BusinessAcquisition #HotelIndustryNews #MergersAndAcquisitions #OYOin2024 https://entrackr.com/2024/09/oyo-acquires-motel-6-parent-g6-hospitality-for-525-mn/

#BlackStone #HajjMabroorHajjMubarak #Hajj #Islam #Muslim #Ummah #Makkah #Kaaba #umrah #ProphetMuhammad #IslamicHistory #Pilgrimage #Religion #Faith #Belief #Mystery #Mythology #Legends #IslamicArt #IslamicArchitecture #Symbolism #SacredSites #Relics #SpiritualJourney #Peace #Devotees #IslamicWorld #GlobalMuslimCommunity

Exquisite Black Stone Laxmi Ji Moorti - Bhuvneshwari Moorti Art Bhuvneshwari Moorti Art presents you a beautiful glimpse of black stone laxmi moorti through this video. This marble statue can be a great option to bring some peace & wealth to your particular place. We offer a wide variety of beautiful marble god statues at very affordable prices. Our sculptures come in different sizes, colors, and designs. Our USP is that we customized the statues as per customer preferences. We (Bhuvneshwari Moorti Art) has been operating since 1985 as a trusted manufacturer and exporter of Marble Statues. With a rich legacy, this esteemed organization has consistently delivered top-notch products that reflect the beauty of Indian art and culture. #blackstonemoorti #laxmijimoorti #marblmoortimanufacturer #marblestatuemanufacturer https://youtube.com/shorts/pHbeygLURfE?feature=share

Tips to Choose Black Stone Ganesha Statue and their sacred significance #marble #blackstone #statue #ganeshji #ganeshamurti #marblegodstatue #manufacturer #blackstoneganeshaidol #marbleganeshastatue https://www.statusthoughts.com/tips-to-choose-black-stone-ganesha-statue/