Mumbai: Hyatt Regency shut ‘until further notice,’ says ‘no funds for salaries’

Hyatt Regency shut: The five-star property will remain closed until further notice, a note from the hotel’s general manager stated.

Written by Newsroom Staff June 8, 2021 07:55

New Delhi: The Hyatt Regency, one of Mumbai’s best known 5-star hotels, temporarily suspended operations after its owner Asian Hotels (West) allegedly failed to provide funds and salaries to staff.

The five-star property will remain closed until further notice, a note from the hotel’s general manager stated.

“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. As a consequence, 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 note signed by hotel GM Hardip Marwah said.

Hyatt Regency Mumbai says working to resolve situation after temporarily suspending operations amid 'Financial Crunch'

The suspension of operations of the Hyatt Regency comes on the very day when the Maharashtra government eased several restrictions as part of the unlocking of the state’s economy.