...+ We anticipate that U.K.-based hotelier InterContinental Hotels Group PLC's (IHG) credit metrics will weaken in 2016, albeit from strong levels in 2015, as a result of a $1.5 billion special dividend funded from asset disposals. + We are affirming our '###' corporate credit rating on IHG. + The stable outlook reflects our view that IHG will report RevPAR (revenue per available room) growth in the low single-digits, and rising profit margins in 2016 and 2017. IHG's strong brands and the growing pipeline of new hotels will support this, in our view. LONDON (S&P Global Ratings) July 25, 2016--S&P Global Ratings said today that it affirmed its '###' long-term corporate credit rating on U.K.-based hotelier InterContinental Hotels Group PLC (IHG). The outlook remains stable. We anticipate that IHG's credit metrics will weaken in 2016, albeit from strong levels in 2015, as a result of a $1.5 billion special dividend funded from disposals in Paris and Hong Kong. We have therefore revised our assessment...
