While OYO was initially targeting INR 1,200 Cr EBITDA for FY25, G6 Hospitality will contribute an additional INR 350 Cr to its bottomline, founder Agarwal said
OYO acquired G6 Hospitality, which owns budget lodging chains Motel 6 and Studio 6, for $525 Mn (around INR 4,580 Cr) in an all-cash transaction in December 2024
Townhouse accounts for 50% of OYO’s India business and is growing by double digit percentage growth monthly, the CEO said
Hospitality giant OYO is on track to clock an EBITDA of INR 1,550 Cr in the…