Articles by Michelle FlorCruz

Michelle FlorCruz joined IBTimes in October of 2012 and has special interest in stories relating to business and culture in China and other areas of Asia.

FlorCruz is a native of the Philippines but spent most of her life in Beijing, China, where she graduated from high school. She later received a BA in Communications and Media Studies from Fordham University in New York.

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Blackstone To Buy LaSalle Hotel For $3.7 Billion

Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust in April for $3.5 billion.