Prism's US Arm Opens 30 Studio 6 Extended-Stay Hotels Ahead of ₹6,650 Cr IPO
OYO parent Prism has launched 30 Studio 6 extended-stay properties across 12 US cities including New York, Dallas, and Las Vegas, following its $525M Motel 6/Studio 6 acquisition from Blackstone. The expansion comes as Ritesh Agarwal scales G6 Hospitality operations ahead of a confidential ₹6,650 crore SEBI IPO filing.
OYO parent Prism opened 30 Studio 6 extended-stay hotels across US cities following its $525M Motel 6/Studio 6 acquisition from Blackstone, as Ritesh Agarwal scales operations ahead of a confidential ₹6,650 crore SEBI IPO filing.
Why this matters
Prism is scaling its US footprint via G6 Hospitality after the $525M Blackstone deal, signaling a shift from budget-room aggregation to owned extended-stay inventory ahead of its ₹6,650 Cr IPO.
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