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Long term plan is to have 500,000 rooms as a part of OYO brand network across 250 cities in India over the next two years and since it's a marketplace model, the more supply we are able to get on the platform the more demand we will get from consumers," said Agarwal. OYO works with local hotels and a preferred set of vendors to spruce up the amenities, spending approximately Rs 10,000-20,000 per room.Read More
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