Mumbai's Hyatt Regency hotel temporally suspended operation, no money to pay salary

Jun 08 2021 05:26 PM
Mumbai's Hyatt Regency hotel temporally suspended operation, no money to pay salary

Mumbai: The second wave of corona crisis is proving to be a disaster for the hospitality and tourism sector. Now, under the recent information, the Hyatt Regency Hotel in Mumbai does not have the money to pay the salaries of its employees and has temporarily stopped its operations. The extent to which the corona has broken people's backs can be gauged after knowing this case.

The hotel recently issued a statement saying that "there is a huge fund crunch, so the hotel will remain closed till further orders. The hotel's operating company Asian Hotels (West) is not getting any funds, so operations have to be stopped'. In fact, the Hyatt Regency has recently issued a statement. The statement said, "All on-roll staff of the hotel want to inform that there is no fund coming from Owner Asian Hotels West Limited, Hyatt Regency Mumbai so that the salaries of the employees can be paid or the hotel can be run. Therefore, with immediate effect, it has been decided that all operations should be stopped temporarily".

In this way, the hotel will now remain closed till further orders. You must be aware that the lockdown and the stalled economy since March last year, after the first wave of corona, have hit the tourism and travel hospitality sector the most. It may be recalled that the sector has not received any special relief package from the government.

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