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Hyatt Regency Mumbai temporarily suspends operations amid fund crunch

A statement said the decision has been taken to "temporarily suspend" all operations for Hyatt Regency Mumbai with immediate effect

twitter-logoBusinessToday.In | June 7, 2021 | Updated 22:40 IST
Hyatt Regency Mumbai temporarily suspends operations amid fund crunch
The hotel will remain closed until further notice, a statement said

Hyatt Regency Mumbai has "temporarily" suspended its operations due to no funds coming from Asian Hotels (West) Ltd, the owner of Hyatt Regency Mumbai.

"This is to inform all the on-roll staff of the hotel that no funds are forthcoming from Asian Hotels (West) Ltd.,  the owner of Hyatt Regency Mumbai, to enable payment of salaries or to support the operations of the hotel," a statement by Hyatt Regency said.

 

The hotel said the decision has been taken to temporarily suspend all operations for Hyatt Regency Mumbai with immediate effect.

"The hotel will remain closed until further notice," the statement said.

This is a developing story. More details will be added soon.

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