Hyatt Regency: From Marriott to Hyatts to Le Meridien, luxury hotel assets stuck in bankruptcy courts

Hyatt Regency Mumbai; Image credit: summary A total of 118 companies from the hotel and hospitality sector are stuck in various stages of bankruptcy proceedings. The origins of the premium hotels also stuck. As these premium estates spend years in bankruptcy, the burden of maintaining them increases, leading to decay in some cases. As … Read more