Can Motel 6 Reset Value Lodging & A 19 Year Old Founders' Story [Forbes]
Blackstone Inc. (BX)
Last blackstone inc. earnings: 4/23 06:56 am
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Source: Forbes
PRISM (parent of OYO) has spent the past decade trying to change that equation by pairing standardized guest essentials with software-driven distribution and pricing. Today the company operates in 35 countries and is expanding its U.S. footprint through G6 Hospitality, parent of Motel 6 and Studio 6. Several weeks ago I grabbed coffee with Ritesh Agarwal, Founder & CEO of PRISM, at Skift Global Forum in New York to talk about the company's post-pandemic evolution and its U.S. strategy. “For us, the U.S. isn't about planting a flag,” he told me. “It's about proving that technology can quietly make a great legacy brand even better.” From Small-Town India To A Two-Sided Platform Agarwal grew up in a small town in Odisha, India, convinced his family to let him spend a year experimenting with entrepreneurship, and persuaded a struggling hotel owner to let him modernize operations. Results improved quickly—and neighboring properties followed. “I didn't start out trying to build a bi
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