OYO estimates Ebidta to cross Rs 2,000 cr in FY26 with Motel 6 acquisition
The EBITDA of IPO-bound travel tech platform OYO is expected to cross Rs 2,000 crore in 2025-26 with the American budget hotel chain Motel 6 adding substantially to its topline, according to documents.
The travel tech unicorn estimates that Motel 6 will add over Rs 630 crore to its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) in the coming financial year, which will be the first full year of its integration.
The travel tech major is expected to refile its initial public offering (IPO) papers with markets regulator Securities and Exchange Board of India (SEBI) after refinancing its existing USD 450 million Term Loan B (TLB) at a lower interest rate.
OYO on Saturday announced it has agreed to acquire Motel 6 and Studio 6 brands from Blackstone Real Estate for USD 525 million in an all-cash transaction.
Oravel Stays, the parent company of OYO stated that it will acquire G6 Hospitality, the leading economy lodging franchisor and parent company of Motel 6 an