g6 hospitality
Global Travel Technology Company OYO To Acquire G6 Hospitality From Blackstone Real Estate for $525M
OYO | September 23, 2024
New Delhi & Dallas – September 23, 2024 – Oravel Stays, the parent company of the global travel technology company OYO, today announced that it has agreed to acquire G6 Hospitality, the leading economy lodging franchisor and parent company of the iconic Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million, in an all-cash transaction. OYO has steadily expanded its footprint in the United States since its launch in the region in 2019 and currently operates over 320 hotels across 35 states. In 2023, OYO added nearly 100 hotels to its US portfolio and aims to add ~250 hotels in 2024. Motel 6’s franchise network pro...
Julie Arrowsmith, G6 Hospitality’s President and CFO, Appointed President and Interim CEO
G6 Hospitality | January 12, 2023
DALLAS, Jan. 12, 2023 -- G6 Hospitality LLC, the parent company of Motel 6 and Studio 6 brands in the U.S. and Canada, today announced that Julie Arrowsmith, President and Chief Financial Officer of G6, has been appointed President and Interim Chief Executive Officer. Rob Palleschi will step down as the Company's Chief Executive Officer, effective today, as he transitions to the position of Chief Executive Officer of American Campus Communities, the nation's premier student housing manager, owner and developer. Ms. Arrowsmith has served in various leadership positions across the G6 organization over her 28-year career. As President a...
NewcrestImage to Acquire 9 Arizona Properties From G6 Hospitality
NewcrestImage | January 6, 2022
NewcrestImage has reached definitive agreement to purchase nine hotels in Arizona from G6 Hospitality – six branded Motel 6 and three branded Studio 6. The transaction is expected to close in early March. “Acquiring properties, along with developing new hotels, are our two primary investment strategies for achieving growth in 2022,” said Mehul Patel, Chairman and CEO of Dallas-based NewcrestImage. “We look forward to creating fresh opportunities for these nine Arizona hotels in keeping with our operating philosophy, abilities, and track record.” According to Patel, Arizona is an attractive market because it...
Cloud5 Communications Contact Center Partners With G6 Hospitality for High-Conversion Hotel Voice Reservations
Cloud5 Communications | January 8, 2020
Highly skilled, dedicated agents lower call abandon rates, maximize voice revenue for the leading economy brand CHICAGO (January 8, 2020) –Cloud5 Communications Contact Center has been engaged by G6 Hospitality LLC to help deliver on the Motel 6 brand promise to “leave the light on” for millions of hotel voice reservations callers to its contact center 24 hours a day, 365 days a year. A leading hotel communications technology and call center services provider, Cloud5 has increased revenue for the iconic Motel 6 and Studio 6 hotel brands through higher call conversion rates and reduced abandoned calls after a record-setting implementa...
G6 Hospitality Announces 2018 Franchise Awards Winners
G6 Hospitality LLC | October 9, 2018
DALLAS, Oct. 9, 2018 -- G6 Hospitality LLC, a leader in the economy lodging segment and known for its brands Motel 6 and Studio 6 in the U.S. and Canada, today announced its 2018 franchise award winners. At the 2018 G6 Hospitality Owner's Conference in Puerto Aventuras, Mexico, G6 Hospitality executives honored 15 franchisees and partners whose contributions have helped strengthen and grow the enterprise with properties that continue to deliver clean, comfortable accommodations and great guest experiences. G6 Hospitality also revealed that year-to-date, 94 properties have opened under the Motel 6 or Studio 6 brands. "We're ...
G6 Hospitality Names Greg Juceam President and Chief Operating Officer
G6 Hospitality LLC | August 15, 2018
DALLAS, Aug. 15, 2018 -- G6 Hospitality LLC, the parent company of Motel 6 and Studio 6 brands in the United States and Canada, today announced Greg Juceam has joined the company as president and chief operating officer. As part of the executive leadership team, he will report directly to CEO Rob Palleschi. "Greg is a seasoned leader and knows the hospitality sector well, and we are pleased to be able to add him to our executive team," said Rob Palleschi, CEO of G6 Hospitality. "As we continue to move through a period of change for the business, we're confident that Greg will help us advance a number of exciting initi...
G6 Hospitality CEO Jim Amorosia to Retire, Concluding a 33-Year Career with the Company; Rob Palleschi Named Interim CEO
G6 Hospitality LLC | April 5, 2018
APRIL 6, 2018 – DALLAS, TX – G6 Hospitality LLC, the parent company of Motel 6 and Studio 6 brands in the U.S. and Canada, today announced the retirement of Jim Amorosia, G6 Hospitality President and Chief Executive Officer, concluding a 33-year career with the company. Rob Palleschi, G6 Hospitality Chief Development Officer, has been appointed to the position of Interim President and Chief Executive Officer, effective immediately. "I'm excited to take on this new position and we thank Jim for his many years of service to the company," said Rob Palleschi, Interim President and CEO of G6 Hospitality. "Moving forward, we see a...
G6 Hospitality Signs with HKV Hospitality to Develop First Dual-Branded Motel 6 and Studio 6 in Austin, Texas
G6 Hospitality LLC | December 6, 2017
DALLAS--G6 Hospitality, known for its iconic economy lodging brands, Motel 6 and Studio 6 in the U.S. and Canada, announced the signing of a franchise agreement with HKV Hospitality, LLC to develop a new property in Austin, TX. The new construction will feature both Studio 6 and Motel 6 brand offerings in the same location, and it is currently slated for completion in early 2019. Conveniently located outside downtown Austin, the brand-new Motel 6/Studio 6 property will consist of four floors with 98 total rooms and features enhanced architecture along with a large social area for optimum guest relaxation and enjoyment. The modern accomm...
