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Groople names new CEO
Saturday, 30 Nov, 2005
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Groople, which terms itself the leader in online group travel, continues to expand with the naming of Michael Stacy as CEO.
David Loy, founder and president, will remain handling day-by-day operations.
Mr Stacy was formerly president of Cendant’s Cheap Tickets, where he led the site to profitability for the first time and helped make it the fastest growing online travel site in 2004.
He also spent five years at the start-up of Travelocity.
In addition to more than 60,000 hotels and six cruise lines, Groople offers group bookings for air, car, bus and rail. Groople recently partnered with Travelocity to allow for broader distribution of group rates and inventory on Travelocity.com.
Report by David Wilkening
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