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TRAVEL EXCELLENCE CORP.

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TRAVEL EXCELLENCE CORP.

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Official company report of TRAVEL EXCELLENCE CORP. as provided by the Philippines Securities and Exchange Commission (SEC).

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TRAVEL EXCELLENCE CORP.

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A limited liability company in Philippines

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Travel Excellence Corporation

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Corporate Travel Management, Business Travel Services & Solutions

Modern corporate travel management for the fast-changing travel landscape

Manage risk. Support traveler wellbeing. Plan for the future. How can Egencia™ help you modernize your corporate travel program?

The only proven global B2B travel tech platform

Egencia is always working to deliver travelers, travel managers, and travel arrangers unrivaled choice, value, and experience, with the powerful backing of Amex GBT.

We’re in a league of our own

Our platform can be optimized for all types of users, in companies big or small.

Tech is in our DNA   We originated in the labs of global tech giants and now we are a part of the most valuable B2B travel solution in the world.

AI-driven insights   Our AI delivers custom user experiences that add value to your company’s travel program.

Suite of APIs   Amex GBT Egencia’s open API platform gives you the ability to build robust integrations that help you automate, connect and simplify your travel and expense management.

Unbeatable travel content We lead the industry with over 290 global airlines and 650,000 lodging partners.

Industry-first NDC capabilities Amex GBT Egencia is the first to offer new distribution capabilities to our clients. 

Amex GBT Egencia Preferred Rates  We offer the best value for business travel with access to special discounted air fares.

The unique content from Amex GBT Egencia provides unrivaled choice and value for air, hotel, car and rail.

Our technology-driven customer service and commitment to excellence puts Amex GBT Egencia on another level.

Industry leader in service Our platform and services are consistently rated above 95% satisfaction by customers.

Best-in-class traveler support We provide services to over 2 million travelers in over 60 countries.

Globally proven Amex GBT Egencia proudly supports over 9,000 companies of all sizes around the world.

Constant innovation We consistently deliver enhancements and innovation across our online and offline services.

Smartest shopping experience Our technology provides the smartest, quickest shopping experience to give the best routes and rates based on user preferences.

Proven optimization Our AI and machine learning delivers the best experience and enhancements for savings, traveler wellbeing and sustainability.

We lead the industry in innovation, with data insights from 100s of millions of transactions every year.

The world's business travel platform

• Companies of all sizes in more than 60 countries trust Amex GBT Egencia to modernize their corporate travel programs
• We deliver simple, consumer-like business travel that users love and fast, knowledgeable support for unexpected moments
• With a globally consistent platform and skilled travel program management, rest assured your travel program is optimized to manage risk while maximizing ROI

Ready to update your travel program?

If now is the time to redesign your corporate travel program to manage risk, support traveler wellbeing and monitor your travel spend, this toolkit can help.

Amex GBT Egencia helps you stay connected

14 million business trips were made with Amex GBT Egencia last year. As your travel management company, we’ll be with you every step of the way.

Managing travel risk

Travel risk management has never been more important. Find out how you can manage risk, deliver duty of care and make your business travelers feel secure.

• A comprehensive and quickly adaptable business travel policy is crucial. Use this free guide to help you create a travel policy that adapts to your needs.
• Make traveler wellbeing a priority. Inform, alert and assist them in real-time via the mobile app and online booking tool
• Reduce risk by improving travel policy compliance

Putting traveler wellbeing first

You want employees to feel fully supported from the time they book until they return home. Amex GBT Egencia travel experts are ready to assist.

• Learn how you can enhance your duty of care policies for travelers
• Travel booking is only one part of the equation. Traveler safety is the other. Use this pre-travel safety checklist as a guide
• Learn how Amex GBT Egencia simplifies hotel bookings for travelers .
• Put your travelers in the driver’s seat and take advantage of our fleet of 5 million car rental options worldwide

Savings and ROI

Even as the travel industry changes, businesses still need to make strategic decisions based on cost and ROI. Amex GBT Egencia can help you boost your bottom line.

• Gain insights, identify savings and optimize travel spend in real-time with Amex GBT Egencia Analytics Studio
• Find out how Umpqua Bank maximized their business travel ROI with Amex GBT Egencia
• Amex GBT Egencia travel services can help simplify expense management . Easily track travel expenses that reflect spending with personal or corporate credit cards
• 19 ways our travel management solutions can help you save time and money

Amex GBT Egencia empowers over 2 million business travelers to get the most out of their business travel. Shouldn’t you be one of them?

Amex GBT Egencia’s G2 Winter 2024 Awards

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Monetary Policy Decision Press Conference Opening Statement

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement.

Governing Council decided monetary policy no longer needs to be as restrictive and lowered the policy interest rate by 25 basis points to 4.75%.

We’ve come a long way in the fight against inflation. And our confidence that inflation will continue to move closer to the 2% target has increased over recent months. The considerable progress we’ve made to restore price stability is welcome news for Canadians.

Since our Monetary Policy Report in April, underlying inflation has continued to ease and economic growth has resumed. With the economy in excess supply, there is room for growth even as inflation continues to recede.

Let me provide a little more detail about these dynamics.

After stalling in the second half of last year, economic growth picked up in the first quarter of this year. At 1.7%, growth was lower than projected in the April report. But consumption growth was solid at about 3%, and business investment and housing activity also increased.

In the labour market, businesses are continuing to hire workers. Employment has been growing, but at a slower pace than the working-age population. This has allowed the supply of workers to catch up with job vacancies. Elevated wage pressures look to be moderating gradually.

Inflation remains above the 2% target and shelter price inflation is high. But total consumer price index (CPI) inflation has declined consistently over the course of this year, and indicators of underlying inflation increasingly point to a sustained easing. I’ll highlight four indicators in particular:

• CPI inflation has eased from 3.4% in December to 2.7% in April
• our preferred measures of core inflation have come down from about 3½% last December to about 2¾% in April
• the 3-month rates of core inflation slowed from about 3½% in December to under 2% in March and April
• the proportion of CPI components increasing faster than 3% is now close to its historical average, suggesting price increases are no longer unusually broad-based

This all means restrictive monetary policy is working to relieve price pressures. And with further and more sustained evidence underlying inflation is easing, monetary policy no longer needs to be as restrictive. In other words, it is appropriate to lower our policy interest rate.

If inflation continues to ease, and our confidence that inflation is headed sustainably to the 2% target continues to increase, it is reasonable to expect further cuts to our policy interest rate. But we are taking our interest rate decisions one meeting at a time.

We don’t want monetary policy to be more restrictive than it needs to be to get inflation back to target. But if we lower our policy interest rate too quickly, we could jeopardize the progress we’ve made. Further progress in bringing down inflation is likely to be uneven and risks remain. Inflation could be higher if global tensions escalate, if house prices in Canada rise faster than expected, or if wage growth remains high relative to productivity.

In assessing where inflation is headed, we will continue to closely watch the evolution of core inflation. We remain focused on the balance between demand and supply in the economy, inflation expectations, wage growth and corporate pricing behaviour.

With that summary, the Senior Deputy Governor and I would be pleased to take your questions.

Bank of Canada reduces policy rate by 25 basis points

The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization.

Press Conference: Policy Rate Announcement – June 2024

Interest Rate Announcement — Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).

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Table of contents

Digital catalogue.

To all Travel Agents,

Our complete catalogue of services is now available online. The information and pictures are similar to our printed catalogue that we previously delivered to some Tour Operators and Wholesaler Agents. This is divided by region including the different options of accommodation and activities that can be enjoyed on each one.

To access it you must request a password by sending an e-mail to us. You will be allowed to obtain service descriptions as wells as high & low resolution pictures.

Costa Rica Photo Gallery

To our Travel Agent CLIENTS,

Our new Costa Rica Image Gallery is now available online. This is divided by region including different options of accommodation and activities.

To access it you must request a password by sending an e-mail to us. You will be allowed to obtain high & low resolution pictures.

PLEASE NOTE THIS IS ONLY FOR TRAVEL AGENTS, CLIENTS OF TRAVEL EXCELLENCE.

Corporate Video

Costa Rica Travel Guides

• Costa Rica White Water Rafting River Tours
• Costa Rica Scuba Diving
• A Complete Guide: How to plan your Costa Rica Wedding
• Driving distances in Costa Rica
• Costa Rica Golf Vacation Packages All Inclusive
• Costa Rica Canopy Tours
• Costa Rica Sports Fishing Vacations Guide
• Costa Rica Surfing Guide
• Costa Rica Honeymoon: Expert Tips, Destinations, Resorts & Vacation Packages
• Bird Watching in Costa Rica
• Costa Rica Ecotourism

Costa Rica Vacations Packages

• Costa Rica Birdwatching Tour
• Costa Rica Golf Experience
• Honeymoon Getaway
• Romantic Holiday
• Family Expedition
• Costa Rica Family Break
• Family Holiday
• Luxe Adventure
• Secrets of Costa Rica
• Costa Rica Beach All-Inclusive Stay Vacation Trip
• Costa Rica: Scuba Diving in the Gulf of Papagayo, Guanacaste
• Deluxe Adventure in Costa Rica
• Costa Rica 4×4 Adventure Ride
• Classic Costa Rica
• Costa Rica Volcano, Mountain and Beach Vacation Trip
• Costa Rica: A Bit of Everything Vacation Trip

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