2021 U.S.-Booked Air Volume: $7 million
Consolidated Global TMC: Corporate Travel Department
Business travel activity slumped at Samsung for a second year running in 2021, both in its home market and in the U.S., where booked air volume was a BTN-estimated $7 million, down from an estimated $12 million in 2020 and $48 million 2019. In April 2022, the company’s Samsung Electronics division said it would no longer discourage business trips for its 110,000 staff in South Korea. The division also relaxed restrictions on meetings but then tightened rules for both transient travel and meetings again in July.
Revenue at Samsung climbed from 237 trillion South Korean won in 2020 to 280 trillion won in 2021. Employee numbers fell from 268,000 to 267,000, a second year of decline.
Samsung has an accredited Corporate Travel Department.