Hyatt Regency Mumbai has closed its doors until further notice due to a severe shortage of funds. The 5-star property located near the Mumbai Airport is owned by Asian Hotels (West).
The management 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...with immediate effect."