Fri. Mar 29th, 2024
Hyatt RegencySource: deccanherald.com

Hyatt Regency, a five-star hotel, based in Mumbai has announced that it will remain closed till further notice, since Asian Hotels (West), the owner of the property, is not proceeding with the payments for its salaries and operations.

Hyatt is an American hospitality company whose main business is to manage and franchise hotels. At present, It is managing the Mumbai based property on a contract basis on the behalf of Asian Hotels (West).

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,” Mr Marwah wrote.

“As a consequence, the decision has been taken to temporarily suspend all operations…with immediate effect. The hotel will remain closed until further notice.”

Hyatt Regency is located at Sahar Airport Road, just within a walking distance from ITC Maratha and the Hilton Mumbai International Airport. In proximity to Hyatt Regency lies three other five-star hotels, the JW Marriott, The Lalit and The Leela. These properties may be able to cash in on the closure of Hyatt operations; otherwise, despite the unlocking phase of the state lockdown, where restrictions on gatherings are at a halt, it is difficult to attract any range of customers.

Hyatt Regency Mumbai used to receive a fair share of corporate guests, wedding guests, guests from meetings and other corporate events. The hotel is equipped with 401 guest rooms and six meeting rooms.

The suspension of operations of the Hyatt Regency comes on a day when the Maharashtra government is in the unlocking phase of the state’s economy.

By Harshita Sharma

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