Hyatt Regency, which introduced momentary suspension of operations of its Mumbai property, mentioned that it’s “working closely with the owner” to resolve the situation, information company PTI reported. The lodge launched a brief assertion on Monday, saying the suspension of operation due to monetary pressure it’s going through.
Hyatt is an American hospitality company that manages and franchises motels. It is managing the Mumbai property on a contract foundation on behalf of Asian Hotels (West).
“Our guests and colleagues are a top priority, and we are working closely with the hotel’s owner to resolve this situation,” Sunjae Sharma, Vice President and Country Head – India, Hyatt, instructed PTI.
Sharma, nonetheless, didn’t present any particulars on since when funds haven’t been forthcoming.
Hospitality business veteran and former president of the Federation of Hotel & Restaurant Associations of India (FHRAI), Sushil Kumar Gupta is the chairman and managing director of Asian Hotels (West), in accordance to Livemint.
The assertion launched by the lodge on Monday mentioned it’s going to stay closed till additional discover. “As a result of no funds forthcoming from Asian Hotels (West) Ltd, the owner of Hyatt Regency Mumbai, to sustain the operations of the hotel, a decision has been taken to temporarily suspend all operations for Hyatt Regency Mumbai,” Sharma mentioned in Monday’s assertion.
Being shut to Mumbai worldwide airport, Hyatt Regency caters to company visitors and hosts varied social occasions.
Located on Sahar Road, Hyatt Regency began its operation in Mumbai in 2002. The lodge was opened in Mumbai after company’s 20 years of operation in nationwide capital Delhi. This was the sixth luxurious lodge to open up in the world.
The lodge has 401 rooms, in accordance to its web site.