NYC Leads U.S. Hotel Occupancy at 87%
The U.S. hotel industry saw slight year-over-year performance improvements in November 2024, with New York leading occupancy gains among major markets.
Hamak Hotels
OYO to Buy Motel 6 from Blackstone for $525 Million
OYO is acquiring G6 Hospitality from Blackstone for $525 million, adding 1,500 U.S. and Canadian locations while keeping Motel 6 and Studio 6 brands independent.