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In mid-November, the CEO of Living Social, Mr. Tim O'Shaughnessy, announced the launch of their Instant Escapes product during the PhoCusWright travel industry conference, held in Miami. This digital marketing product will provide users with last-minute weekend hotel packages. Immediately on making this announcement, O'Shaughnessy was grilled by Chris Loughlin (CEO of TravelZoo) on the profitability of daily deal websites, and the availability of funds for further expansions. 08 Dec, 2011--
Source: http://EzineArticles.com/6731000
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