Real Estate
Blackstone Revives Potential Sale of Motel 6 Brand Owner
- Alternative asset manager is pursuing a sale of G6 Hospitality
- Blackstone acquired the business more than a decade ago
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Blackstone Inc.’s real estate arm is once again exploring a sale of the owner of the Motel 6 brand, according to people with knowledge of the matter.
The asset manager is in the early stages of soliciting interest from potential suitors in G6 Hospitality, which owns both Motel 6 and Studio 6, the people said, asking not to be identified discussing private details.