Umbrella Travel Agreement with Bulgarian VIP Travel for American Chamber of Commerce member companies Bulgarian VIP Travel • Operating as a Travel agency since 1992 with 18 years of experience • Specialized & Market leader in Corporate Travel • Member of IATA, ASTA (American Society of Travel Agents) and ABTTA (Association of Bulgarian Tour operators and Travel Agents) • Team of 25 highly qualified and trained experts in travel and tourism, various locations in Sofia and the country • Key account and long term partner of all airline companies and hotel chains operating in the Bulgarian market • Member of American Chamber of Commerce in Bulgaria Global Trends in Corporate Travel and Travel Management • Strategic planning and cost control have acquired highest level of importance for every business • Approach to corporate travel is a key element and a regular practice with major companies appointing specialized agents • Such corporate travel specialists are able to guarantee to the client: - Integrated approach offering full range of services - Preferential rates and better conditions complying with the agreed travel policy of the customer - High service quality and reporting standards, allowing monitoring and cost control • Above basic principles have laid down the fundaments of the Corporate service strategy of Bulgarian VIP Travel • In 2004 Bulgarian VIP Travel became a shareholder in “Radius – the Global Travel Solutions Company” Bulgarian VIP Travel and the Radius Network • RADIUS is one of the largest business Travel Management Companies (TMC) in the world, with an annual sales volume of USD 19 billion, handling 30 million bookings per year • Within Radius network Bulgarian VIP Travel specialized in provision of Travel Management Services and solutions for corporate travel offering: * Local ownership guarantees * Local service delivery * Commitment to the RADIUS organization, fellow agencies and their respective clients * Integrated local and multinational account management * One of the largest discounted hotel programs in the industry * Flexible pricing on a country-by-country basis * Flexible service configuration in each country and region * Consolidated management information at both local and multinational levels * Compact worldwide management team keeps overheads low and flexibility high Offer for Umbrella Travel Agreement for AMCHAM member companies • Fixed discounted rates of airline tariffs to selected traffic regions of interest Offer for Umbrella Travel Agreement for AMCHAM member companies • Discounted rates for hotel accommodation in over 152 000 hotels within 218 hotel chains worldwide via Radius Global Network system • Local support in over 80 countries and 3600 locations within the global Radius Agents network • The Umbrella agreement enables us to grant above mentioned benefits to AMCHAM members The Umbrella Travel Agreement • The proposed Umbrella Travel agreement is a Trilateral Frame Agreement between AMCHAM member company, Bulgarian VIP Travel and end provider(s) of service (airline companies, hotels, and other service providers). • Within the agreement Bulgarian VIP Travel foresees a discount of 5 to 15% from the applicable airfares and discount for hotel accommodation ranging from 15% to 20% from the rack rates, 10% to 15% for rent-a-car services. For members with larger travel volumes, Bulgarian VIP travel is able to negotiate additional preferential conditions. • Approach is made on bilateral bases with each company, aiming to reach a tailor made solution according to customers travel needs How does this work • By contacting and meeting our experts we jointly evaluate your travel needs and requirements. Please contact us at sof@bgviptravel.com, tel.: +359 2 969 30 14, +359 888144 828 • We prepare offers based on your travel pattern and different requirements • We apply existing negotiated packages within the umbrella agreement or negotiate with the end suppliers special conditions according to your needs. We offer • Assistance and experience in developing a strategic approach to your travel (Corporate Travel Policy) • Negotiations with end suppliers aiming to optimize your travel budget (special rates with airline companies, hotels, car rental companies, etc) • Day to day management of your travel services • Organization and management of your meetings, promotional and incentive tours, conferences and events • Consolidated information about your travel data and regular management reporting • Training of your authorized personnel for details of travel request services and travel specifics possibilities in order to optimize cooperation and performance You benefit from • • • One point of contact for your corporate travel Up to 20% reduction on your travel expenses applying well defined and targeted travel policy Special discounted rates for airfares to the most frequently used destinations • Access to some of the major hotel chains for corporate travel with worldwide coverage and more than 152 000 hotels • Local help and support in more than 80 countries and 3 300 offices worldwide (within the Radius network) • 24/7 line support for clients during their travel • Management information helping you to monitor and manage your travel costs • High level of quality and services control and travel policy application Thank You We appreciate the opportunity to present our proposal. Through our dedication to excellence and commitment to service, our management and employees will work hard to provide a superior service and a beneficial partnership to ensure you achieve your objectives!