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OYO has appointed Sonal Sinha as the CEO of G6 Hospitality, the American motel chain it recently acquired from Blackstone Real Estate.
The acquisition, completed in December, added 1,500 franchised hotels across the US and Canada, strengthening OYO’s presence in North America. OYO expects the combined business to generate around $3 billion in gross bookings, with G6 Hospitality, which owns Motel 6 and Studio 6, contributing $1.7 billion.
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OYO said integrating G6’s hotels with its operations will drive growth and create new opportunities in international markets.
"Sonal has been instrumental in driving OYO's international business to new heights," said OYO Founder & Group CEO Ritesh Agarwal.
"His deep understanding of our operations and proven track record of enhancing business performance make him the ideal leader to spearhead G6 Hospitality while maintaining the strong momentum of our global business," Agarwal added.
Sonal, a chartered accountant, joined OYO in 2015.
As CFO of International Business, he focused on improving margins and strengthening financial controls, including tax, accounting, and reconciliation. He will continue reporting to Gautam Swaroop, OYO’s CEO – International.
Meanwhile, OYO’s Chief Growth Officer, Kavikrut, is stepping down to become the CEO of T-Hub, India’s largest startup incubator in Telangana.
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