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, this decision has been taken.

"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. The hotel will remain closed until further notice," said Sunjae Sharma, Vice President & Country Head - India, Hyatt.

Sharma, however, said that Hyatt is working with the hotel`s owner to resolve the situation.

"At Hyatt, our guests and colleagues are a top priority, and we are working closely with the hotel`s owner to resolve this situation."

Informing the hotel staff of the suspension of operations, Hardip Marwah, the General Manager of Hyatt Regency Mumbai said that in a notice on Monday morning that no funds are coming in from the owner to enable payment of salaries or to support the operations of the hotel.