Mumbai's famous Hyatt Regency Hotel closed due to financial constraints

The hotel will remain closed until further notice

MUMBAI: Hyatt Regency, a popular five-star hotel at Mumbai's international airport, has decided to temporarily close its hotel until further notice due to lack of funds. It has also decided not to accept reservations from existing booking channels.

At the same time, the hotel has issued a notice to its staff stating that the original owner of the hotel Hyatt Regency was unable to pay or run the operation due to lack of funds from Asian Hotels (West) Limited. The hotel therefore announced that it would remain closed until further notice.

Hyatt is a Native American hospitality company that manages its franchise hotels. Hyatt in Mumbai is operated on a contract basis by Asian Hotels (Way) Limited.

Sushilkumar Gupta, a well-known hospitality professional and former chairman of the Federation of Hotels and Restaurants Association, is the chairman of Asian Hotels (Way). Is. The hotel is well known among individual guests as well as corporate guests and groups.