“It’s unambiguous that we had a very strong quarter, and we’ve actually seen improvement in earnings base over the course of the year no matter that there’s been relative deceleration on the RevPAR-growth front,” he said. “While all these fundamentals that we’re building for the long term are absolutely demonstrating positive impact, we also recognize there are some uncertainties as we head into 2017. And that’s why we are hyper-focused and very vigilant on keeping a very close tab on what’s going on so that we can pivot and be responsive to what we’re seeing.” Hyatt executives are anticipating a number of headwinds for the fourth quarter, such as a dampening effect on hotel performance by the U.S. presidential election and declines in group business, which are consistent with 2016 trends. Hoplamazian also said the shift of Jewish holidays from October to September 2016 was a boon to group business in the third quarter, but that will reverse in Q4 as the holiday shift will have a negative effect. Get the full story at Hotel News Now