Core Insights - The article discusses a new trend termed 'travelscrimping' where companies are tightening their budgets, impacting travel expenditures [1] Group 1 - Companies are increasingly implementing cost-cutting measures in their travel budgets, reflecting a shift in corporate spending behavior [1] - The trend of travelscrimping indicates a broader economic environment where businesses are prioritizing financial prudence [1] - This new era of budget tightening may lead to changes in travel policies and practices across various industries [1]