In making its decision, the appellate court may affirm the trial court, meaning that it accepts the decision of the lower court, or may reverse it, thus agreeing with the appellant's contention that the trial court's decision was erroneous.
Marriott Buys Starwood for $12.2B, Becomes World's Largest Hotel Owner The combination creates a hot powerhouse of more than 5,500 hotels in more than 100 countries. By Lou Whiteman
InterContinental Hotels Group PLC [LON:IHG, NYSE:IHG (ADRs)] today announces that it has agreed to sell IHG's ownership interest in InterContinental Hong Kong (the Hotel) to Supreme Key Limited, a consortium of investors advised and managed by Gaw Capital Partners (the Buyer), for a gross purchase price of US$938m.