Latest news with #G6Hospitality
Yahoo
a day ago
- Business
- Yahoo
Longtime spokesperson Tom Bodett sues Motel 6
The Brief Tom Bodett filed a federal lawsuit against Motel 6, claiming the chain used his voice and name without authorization after their contract ended. The dispute stems from a missed $1.2 million payment and the breakdown of a nearly 40-year partnership between Bodett and the motel brand. Motel 6's parent company, G6 Hospitality, said it was surprised by the lawsuit but expressed appreciation for Bodett's contributions. Tom Bodett, whose warm baritone and iconic line "we'll leave the light on for you" made him the voice of Motel 6 for nearly four decades, is suing the motel chain and its parent company for alleged unauthorized use of his name and voice. According to a lawsuit filed Monday in Manhattan federal court, Bodett said he ended his relationship with Motel 6 after its new owner, India-based travel firm OYO, failed to make a $1.2 million annual payment due on Jan. 7. Their contract was set to expire in November. The backstory Despite the contract lapse, Bodett claims Motel 6 continued using his voice and name on its national reservation phone line. The lawsuit alleges violations of both his contract rights and federal trademark law. Bodett said he attempted to reach a confidential settlement that would honor his legacy and protect Motel 6's reputation and franchisees, but accused the company of responding with "misrepresentations, obfuscations, and delay tactics." The lawsuit seeks $1.2 million in owed compensation, along with additional damages and a share of profits. What they're saying A spokesperson for G6 Hospitality, the parent company of Motel 6, said the company was "surprised" by Bodett's lawsuit but indicated it hoped for an amicable resolution. "We appreciate Mr. Bodett's contributions over the past years," the spokesperson said. "Of course, we will continue to advertise keeping the lights on for you." Bodett, when contacted by email, told Reuters: "The complaint says all there is to say." Tom Bodett became Motel 6's lead spokesman in 1986 and said he coined the phrase "we'll leave the light on for you" during an unscripted ad-lib. His voice became synonymous with the brand's down-to-earth identity and was featured in both radio and TV campaigns for decades. In addition to his advertising work, Bodett is known for his appearances on National Public Radio and for narrating several Ken Burns documentaries. What's next The lawsuit, Bodett et al v G6 Hospitality LLC et al, was filed in the U.S. District Court for the Southern District of New York. It could set a notable precedent for voice usage and contract rights in long-term brand relationships, especially as companies change ownership. The Source This report is based on original reporting from Reuters, which first detailed the lawsuit filed by Tom Bodett against Motel 6 and its parent company G6 Hospitality. The article includes direct quotes from legal filings and statements provided to Reuters by both Bodett and Motel 6.
Economic Times
25-04-2025
- Business
- Economic Times
US drives a quarter of Oyo's FY25 revenue: Founder Ritesh Agarwal to leaders
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Oyo has seen a 'significant' shift in its revenue landscape in financial year 2025, with its US businesses contributing approximately 24% of the company's total revenue driven by its acquisition of G6 Hospitality, as per documents shared by Oyo founder Ritesh Agarwal with the company's senior leaders. The documents were seen by ET. G6 Hospitality is the American motel company that Oyo acquired from Blackstone Real acquisition, which was completed in December last year, added 1,500 franchised hotels across the US and Canada to Oyo's portfolio. G6 Hospitality operates the Motel 6 brand and the Studio 6 brand. In the financial year 2024, the combined revenue share of Oyo's US operations stood at 15%, as per documents seen by also shared that the number of hotels in India grew by 22% in financial year 2025 versus financial year 2024 , which led to growth in the company serviced hotels under the brands Townhouse, Palette and Capital per the documents, since the G6 acquisition, the company has added over 150 corporate clients in the US, primarily from Texas, California, and Florida, and the corporate segment revenue increased by approximately 26% in quarter one of 2025 compared to the same period last year, with the company adding about 50 new corporate accounts monthly since January this year G6 announced a $10 million investment in the US to grow direct demand through its website and the My6 month, Agarwal told the company's senior leadership that the company was on track to post more than Rs 2,100 crore in revenue in the fourth quarter ended March 31, a more than 60% increase from a year earlier."A key contributor to this performance has been the integration of G6 Hospitality, adding Rs 275 crore to our revenue," Agarwal wrote to his top executives in an email which ET had seen. "Even without G6, our revenue stands strong at Rs 1,886 crore, demonstrating robust organic growth of 42%," he had had said the company expects a profit after tax of Rs 1,100 crore in financial year 2026, and Rs 2,000 crore in earnings before interest, tax, depreciation and cited the company's performance in its 'core markets' such as India and the US, along with 'significant' contributions from emerging markets in Southeast Asia and the Middle East for the projections. In quarter three of financial year 2025, the company recorded a net profit of Rs 166 crore on revenue of Rs 1,636 crore, he had said.
Time of India
25-04-2025
- Business
- Time of India
US drives a quarter of Oyo's FY25 revenue: Founder Ritesh Agarwal to leaders
Oyo's FY25 revenue landscape saw a significant shift with its US businesses, boosted by the G6 Hospitality acquisition, contributing 24% of total revenue. India's hotel count grew by 22%, enhancing serviced hotel brands. Corporate segment revenue in the US increased by 26% in Q1 2025, driven by new corporate clients. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Oyo has seen a 'significant' shift in its revenue landscape in financial year 2025, with its US businesses contributing approximately 24% of the company's total revenue driven by its acquisition of G6 Hospitality, as per documents shared by Oyo founder Ritesh Agarwal with the company's senior leaders. The documents were seen by ET. G6 Hospitality is the American motel company that Oyo acquired from Blackstone Real acquisition, which was completed in December last year, added 1,500 franchised hotels across the US and Canada to Oyo's portfolio. G6 Hospitality operates the Motel 6 brand and the Studio 6 brand. In the financial year 2024, the combined revenue share of Oyo's US operations stood at 15%, as per documents seen by also shared that the number of hotels in India grew by 22% in financial year 2025 versus financial year 2024 , which led to growth in the company serviced hotels under the brands Townhouse, Palette and Capital per the documents, since the G6 acquisition, the company has added over 150 corporate clients in the US, primarily from Texas, California, and Florida, and the corporate segment revenue increased by approximately 26% in quarter one of 2025 compared to the same period last year, with the company adding about 50 new corporate accounts monthly since January this year G6 announced a $10 million investment in the US to grow direct demand through its website and the My6 month, Agarwal told the company's senior leadership that the company was on track to post more than Rs 2,100 crore in revenue in the fourth quarter ended March 31, a more than 60% increase from a year earlier."A key contributor to this performance has been the integration of G6 Hospitality, adding Rs 275 crore to our revenue," Agarwal wrote to his top executives in an email which ET had seen. "Even without G6, our revenue stands strong at Rs 1,886 crore, demonstrating robust organic growth of 42%," he had had said the company expects a profit after tax of Rs 1,100 crore in financial year 2026, and Rs 2,000 crore in earnings before interest, tax, depreciation and cited the company's performance in its 'core markets' such as India and the US, along with 'significant' contributions from emerging markets in Southeast Asia and the Middle East for the projections. In quarter three of financial year 2025, the company recorded a net profit of Rs 166 crore on revenue of Rs 1,636 crore, he had said.
Yahoo
14-04-2025
- Business
- Yahoo
G6 Hospitality Adds Over 150 Corporate Clients in 2025
DALLAS, TX / / April 14, 2025 / G6 Hospitality, the parent company of Motel 6 and Studio 6, today shared that it has added over 150 corporate clients in 2025. With more than 500 meetings conducted with potential and existing corporate accounts across the country, the company has successfully secured several major accounts across industries, including Construction, Transportation, Agriculture, Retail and Transitional Housing. These new corporate clients are primarily from Texas, California and Florida. The company has seen significant growth in its corporate segment, with a ~26% increase in revenue in Q1 2025 vs same period last year. G6 Hospitality has been adding approximately 50 new corporate accounts every month since January 2025. The company is focusing its efforts on construction, transportation, and agriculture industries, while also pursuing small to medium-sized businesses that generate annual bookings ranging from $15,000 to over $1 million. Natson Hotel Group, one of G6 Hospitality's key franchises, saw over 2X growth in corporate revenue in Q1 2025 vs Q1 2024. "By cultivating relationships with businesses across various industries, we're not only diversifying our client base but also creating consistent occupancy that benefit our network across locations. The collaborative approach with our franchise partners has been instrumental in identifying and securing these valuable corporate relationships," said Sonal Sinha, CEO - G6 Hospitality. Corporate clients benefit from several advantages including better rates with discounts averaging 10-12%, 30-day credit facilities through corporate direct billing, dedicated customer service, and easy issue resolution. The company creates corporate profile codes that apply discounts automatically when used on My6 app and website. Corporate clients can book via the website, app, call center, or email support. The company is actively pursuing additional corporate opportunities, including winning back former clients and extending contracts with existing 2024 accounts. Corporate account inquiries can be directed to Rohit Goel at About G6 Hospitality LLC G6 Hospitality LLC is the leading economy lodging franchisor, with nearly 1,500 economy lodging locations under the iconic Motel 6 brand and the Studio 6 Extended Stay brand in the United States and Canada. G6 Hospitality is committed to making hospitality accessible to all through responsible business practices and unparalleled opportunity for franchisees to build a legacy through ownership. Both Motel 6 and Studio 6 were recognized in the 2024 Entrepreneur Franchise 500® report, with Motel 6 ranking in the top 50 of all franchises. The Carrollton, Texas, based company was named a 2024 Leader in Diversity by Dallas Business Journal. For more information, please visit Contact Details G6 Hospitality LLCAnupriya Malik+91 97911 63065anupriya.d@ SOURCE: G6 Hospitality LLC View the original press release on ACCESS Newswire Sign in to access your portfolio
Yahoo
10-03-2025
- Business
- Yahoo
OYO elevates Sonal Sinha to CEO of newly acquired G6 Hospitality
India-based hospitality chain OYO has appointed Sonal Sinha as the CEO of G6 Hospitality, the American motel chain recently acquired from Blackstone Real Estate. The acquisition, finalised in December 2024, added 1,500 franchised hotels across the US and Canada to OYO's portfolio. The combined entity is projected to generate a gross booking value of approximately $3bn, with G6 Hospitality, which operates the Motel 6 and Studio 6 brands, contributing $1.7bn. OYO expects the integration to drive significant synergies and accelerate growth in international markets. Last October, the company appointed Sonal Sinha as chief operating officer (COO) International. A professional chartered accountant, Sinha joined OYO in 2015. He previously served as chief financial officer for International Business, where he played a key role in improving business margins and establishing financial control frameworks. In the new role, Sinha will continue to report to OYO International CEO Gautam Swaroop. OYO founder and group CEO Ritesh Agarwal said: 'Sonal has been instrumental in driving OYO's international business to new heights. 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.' Meanwhile, OYO's chief growth officer Kavikrut is leaving the company to take over the role of CEO at Indian incubator T-Hub. Agarwal added: 'We're immensely grateful to Kavikrut for his contributions to OYO's journey. Having been with us since our early startup days, Kavikrut has helped shape our culture and growth trajectory through both challenging times and periods of great success. 'His vision and leadership have left a mark, and while we'll miss his presence, I am delighted that he has chosen to pursue a role that will add immense value to Telangana and India's tech and startup ecosystem.' "OYO elevates Sonal Sinha to CEO of newly acquired G6 Hospitality" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
