Oravel Stays Completes G6 Acquisition
Skift Take
OYO has acquired G6 Hospitality from Blackstone and will focus on growing and enhancing the Motel 6 and Studio 6 brands through technology integration, property upgrades, and expanded distribution, while maintaining existing agreements and leadership changes.
Tui is targeting Asia for growth as they plan to double the number of own brand hotels across the region. The group currently has 18 hotels in six countries in Asia with resorts in the Maldives, Thailand and Sri Lanka part of the Tui portfolio. The first new projects will be with the Tui Blue brand as well as the Tui Suneo option for price-conscious holidaymakers scheduled to open in China in 2025. A new build project is planned for the The Mora brand in Bali. Hotels were opened in China and Malaysia for the first time this year together with expansion into Vietnam with Tui Blue Berawa. Tui is also represented in the Thai capital for the first time with its own Tui Blue Maduzi Bangkok. Further new openings planned for 2025 will be in collaboration with local partners under management or franchise agreements.
Adelaide’s northern suburbs has its first premium hotel following the opening of the $70 million Crowne Plaza at Mawson Lakes. The 155 room hotel is part of a seven
