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OYO GROWS 15x YoY, TURNS PROFITABLE ACROSS ITS NETWORK OF 5500 HOTELS

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OYO continues to dominate the market with 2.3 MN room night transactions last quarter Chandigarh, May 10th 2016: OYO, India’s largest branded network of hotels announced that it hit unit profitability at an aggregate level across its presence in 170 cities of India. OYO had operating profits until June 2015, following which it went into aggressive expansion mode to gain market leadership.

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