Summary:

- Motel 6, a budget hotel chain in the United States, has been sold to India-based OYO Hotels for $1.9 billion.
- The acquisition will allow OYO, a fast-growing hotel startup, to expand its presence in the North American market and leverage Motel 6's existing network of over 1,400 properties.
- The deal is expected to strengthen OYO's position as a global hospitality company and provide opportunities for growth and innovation in the budget hotel segment.