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India's tourism industry is experiencing a remarkable growth, especially post-pandemic, with travellers spending like never before. It is anticipated that the total expenditure made by Indian travellers will soar to $410 billion by 2030 making India the fourth largest global spender.
Majority of the new hotels will be incorporated under OYO's premium brands such as Palette, Townhouse, Townhouse Oak, and Collection O, the company said in a statement.
Oyo said its key focus markets are Goa, Jaipur, Mussoorie, Rishikesh, Katra, Puri, Shimla, Nainital, Udaipur, and Mount Abu for the new hotels addition.
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