Hyatt Regency shuts down operations in the wake of a tussle between workers and management
Kathmandu, June 18 -- Taragaon Regency Hotels, which operates Hyatt Regency Kathmandu, has announced a shutdown of all operations for an indefinite period in the wake of a tussle between the workers' union and the management over some of the facilities workers say have been slashed.
The hotel, which is listed on the Nepal Stock Exchange, published a notice on Sunday announcing its closure. It has stopped advance bookings for the last three days, according to hotel sources.
The workers have been disrupting services since Thursday, demanding that the management reinstate the facilities they had been receiving since 2004 as per the collective bargain with the management.
Mukti Dahal, the Hyatt Regency chapter president of All Nepal Hotel,...
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