OYO elevates Sonal Sinha as CEO of newly-acquired G6 Hospitality

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OYO elevates Sonal Sinha as CEO of newly-acquired G6 Hospitality - Business Standard

Quick Summary:

Global travel-tech unicorn OYO on Friday announced the appointment of Sonal Sinha as Chief Executive Officer of G6 Hospitality, the American motel firm it recently acquired from Blackstone Real Estate.

According to OYO, the combined entity is projected to generate a gross booking value of approximately USD 3 billion, with G6 Hospitality, which operates the Motel 6 and Studio 6 brands, contributing USD 1.7 billion.

The integration of G6's portfolio with OYO's existing operations is expected to create significant synergies and accelerate growth across international markets, the company stated.