Hyatt shuts down Hyatt Regency Mumbai temporarily citing non-availability of funds from owner Asian Hotels (West)
American multinational hospitality chain Hyatt Hotels & Resorts has temporarily shut down its Hyatt Regency hotel in Mumbai, citing non-payment of dues from Indian owner (West), in what could be the first visible, public acknowledgement of the stress being faced by established global hotel chains in India post the second Covid-19 wave. “As a result […]