Coupons Go Upscale

SFGate: LivingSocial heralded a new era last month when it offered a $10,000 coupon for a penthouse-suite package at the Fairmont hotel: Daily-deal sites are going upscale.

After getting started on small-ticket items – cupcakes, manicures and yoga sessions – LivingSocial and its larger rival Groupon Inc. are pursuing buyers willing to spend hundreds or even thousands of dollars on travel and luxury goods.

Groupon, LivingSocial offering bigger coupons [SFGate]

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