Skift Feed·· 2026-08-28
Motel 6's Power: What Prism's Annual Report Reveals Ahead of Its IPO
Motel 6's Power: What Prism's Annual Report Reveals Ahead of Its IPO
AI Overview
Prism (formerly Oyo) released its annual report ahead of an India IPO, revealing a shift in重心 to the U.S. Motel 6 now accounts for 46% of gross booking value. Revenue rose 50% to $980 million, EBITDA more than doubled to $272 million. The company is moving from a marketplace to a company-serviced model, leveraging India's tech hub for AI automation.
Source:Skift Feed · skift.com