Omni Hotels & Resorts

North America

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.
North America

Wells Fargo Adjusts Ratings for Hotel REITs

Wells Fargo adjusted ratings and price targets for several hotel stocks, upgrading some while cutting price targets for others.
North America

Hotel Worker Strikes Resume in Boston

About 400 workers at four Boston hotels began a three-day strike on Thursday. They're seeking higher wages and staffing levels.
North America

Wyndham Deal Expands its All-Inclusive Options

Wyndham Hotels and Decameron have formed an alliance to expand all-inclusive offerings with nine new resorts in Mexico, Panama, and Jamaica, with some joining the Trademark Collection and others joining the Ramada brand.
North America

Wyndham Orlando Resort Likely to Close

The Wyndham Orlando Resort on International Drive is set to close on April 30, with potential plans for partial preservation and redevelopment by owner Unicorp National Developments Inc.
North America

NoMad Las Vegas Will Be Rebranded

NoMad's Las Vegas property will be left behind as new owner Hilton focuses on other properties currently – and in the future – of the brand.
North America

WTTC Projects Record-Breaking Year for Travel

The World Travel & Tourism Council predicts 2024 will be a record year for the sector, with an economic contribution expected to hit $11.1 trillion, indicating robust growth and significant job creation.