Closing Summary of Period from 01 October, 2019 - 31

October, 2019

Property Details:
OYO ID RKH170

OYO Name OYO 49346 Hotel Kedar Inn

Hotel Kedar Inn, D5 Deccon valley Tapoven Rishikesh Rishikesh,
Property Address
249137
Franchisee Name Kapil Tyagi

Registered email address kedarinnrishikesh@gmail.com

Dear Partner,

Greetings from OYO hotels - India's leading hospitality company.

We delivered one of the highest Occupancy and Rev Par in Rishikesh in the cycle of
01 October, 2019 to 31 October, 2019. This is one of the best across any other hotel
chain in the segment, in addition to the highest level of support provided to our
asset owners in the form of ABM/BDM support, technology solutions,
transformations and asset upgradation (click here to apply). Read the OYO blog for
latest on this.

As per Payment Settlement Policy cum Reconciliation process, we are pleased to

share the summary and transaction advice (sheet enclosed). As part of the aforesaid
process, there would be a settlement of payments from both ends (OYO and OYO
Partners). Thus if money [greater than Rs. 1000] is due to franchisee, OYO will initiate
payments on the due date and if the money [greater than Rs. 5000] is due from
franchisee then he/she should pay to OYO by 5th of following month of the below
mentioned period to ensure continued seamless business.

SUMMARY

Month Performance
A) Opening Balance ₹-24,542.26

B) Net Asset Owner Earnings for This Month ₹60,117.57

C) Net Payments Collected by Asset Owner ₹69,543.75

D) Payments already transferred to your Account ₹ 0.0

Expected receivable from OYO (A+B-C-D) ₹ -33,968.44

Expected date of settlement 7th November 2019

As per OPEN policy interest amount to be paid

If expected receivable is settled on or before 7th November
NA
2019

18% annual
If expected receivable is settled after 7th November 2019
interest

Account details of Franchisee for settlement

Legal Entity Name: Kapil Tyagi Bank Name: The Federal
Bank Limited

Bank Address: Muradnagar, Ghaziabad IFSC CODE: FDRL0001978

Last settlement details

Date of settlement: UTR:

Net Payments Collected by asset owner

(-) Cash collected by owner ₹ 70,496.0

(+) Payments done by owner ₹ 0.0

(-) Advance EMI ₹ 0.0

(+) Association Bonus ₹ 0.0

(+) Owner Incentives ₹ 1,000.0

(-) GST with held on Bookings if GSTIN not provided ₹ 0.0

(+) GST withheld released on Bookings ₹0.0

(-) GST With Held On Buy Sell ₹ 0.0

(+) GST withheld Released On Buy Sell ₹ 0.0

(-) TCS Withheld ₹ 47.75

(-) TDS Deducted on Purchase price @ 0.0% ₹ 0.0

(+) Sister Property Addition/Deduction ₹0.0

Net Payments Collected by asset owner -69,543.75

Commitments of OPEN policy

√ 18% annual interest on delays in payment as per the recon statement

√ We are here to support you in case of any issues. Please reach out to Partner
Support at partner.support@oyorooms.com / 9310777888 or reach out to your
Area Business Manager

√ Checkout the latest upgraded Co-OYO App for viewing your property updates
and more

√ OYO held a meeting of 'Partner Advisory Council', a dedicated forum for OYO
hotel partners, OYO's leaders, as well as eminent personalities from relevant
industries/domains to come together to build and advance a strong and
enduring partnership between OYO and hotel partners, and who will also
advise on driving programs for their joint growth. Click here to see what was
discussed

We are happy to state that in the last 3 month(s), you have earned cumulative
₹166,611.99 from our partnership. OYO provides one of the best franchisee
earnings across any hotel chain, winning the trust of thousands of asset owners
across India. Click here to view what our asset owners are saying on the OYO
Partner Engagement Network. Looking forward for many more months of success
together.