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Published: Wednesday, 5/23/2012

Accor to sell Motel 6 to Blackstone for $1.9B


NEW YORK -- French hotel company Accor SA said Tuesday that it has reached a deal to sell U.S. motel company Motel 6, including its extended-stay chain Studio 6, to Blackstone Group LP for $1.9 billion.

Motel 6 has 1,102 hotels with 107,347 hotel rooms in the United States and Canada.

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