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UCY Summer School To Focus On Management And Economics Of Research

by THEFUTURE.TEAM

June 26, 2024

The University of Cyprus (UCY) is set to host its inaugural Twin4Merit summer school from September 2-10, 2024, in Nicosia. This event, part of the Horizon Europe-funded Twinning for Excellence in Management and Economics of Research and Innovation (Twin4Merit) project, aims to enhance knowledge in research management and economics through expert-led lectures and methodology training sessions.

The Twin4Merit project focuses on critical meta-research areas, including research assessment, open science, and gender equality. Collaborating with Maastricht University’s UNU-MERIT and the University of Carlos III of Madrid, with dissemination support from the European Office of Cyprus, the initiative seeks to elevate Cyprus’s research landscape.

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The summer school will benefit not only UCY members but also the broader Cypriot scientific community, including researchers and Early Career Researchers (ECRs) from all Cypriot universities and relevant organisations. It also welcomes applications from other EU countries and the EMMENA region.

The programme begins with Transferable Skills Sessions on September 2-3, covering grant writing, project management, and research networking. A joint research conference on research assessment will follow on September 4-5, in collaboration with the SInnoPSis project. The final sessions on September 6, 9, and 10 will offer scientific skills training by advanced partners and local experts, focusing on ethics in research, open science principles, and gender in research assessment.

“The 1st Twin4Merit summer school aims to enhance the impact of UCY’s role as a major research and educational hub for the Eastern Mediterranean, Middle East, and North Africa (EMMENA) region,” the statement explained. The agenda will be finalised and published in early July, with a preregistration form available for interested participants.

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Airbnb Unveils Reserve Now, Pay Later Option For U.S. Guests

by THEFUTURE.TEAM

August 15, 2025

Introduction

Airbnb has introduced an innovative payment solution designed to enhance user flexibility for U.S. travellers. The new “Reserve Now, Pay Later” feature enables users to secure a booking without an upfront payment, offering a streamlined cancellation process should plans change.

Flexible Payment Terms

This new option applies to listings that feature either flexible or moderate cancellation policies. Under a flexible policy, guests can cancel their reservation up to 24 hours before check-in, while a moderate policy offers no-fee cancellations until five days prior to arrival.

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Payment Timing and Reminders

Regardless of the cancellation window, guests are obligated to complete the full payment before the expiration of the free cancellation period. Airbnb ensures a smooth experience by sending timely payment reminders to avoid any last-minute issues.

Evolution of Airbnb’s Payment Solutions

This initiative builds on Airbnb’s previous forays into flexible payment structures. In 2018, the company offered a partial upfront payment model, and more recently, a collaboration with Klarna enabled guests to pay in four installments over six weeks. Such strategic advancements demonstrate Airbnb’s commitment to adapting and refining its payment solutions to meet evolving consumer demands.

Consumer Insight Driving Innovation

Airbnb’s decision to launch the “Reserve Now, Pay Later” feature reflects robust consumer demand, with recent surveys indicating that 55% of respondents prefer flexible payment options. Additionally, 42% noted missed opportunities due to payment complexities when coordinating with travel companions, underlining the need for simplified financial arrangements.

Conclusion

By enhancing payment flexibility, Airbnb not only broadens its appeal but also addresses critical customer pain points, reinforcing its position as a leader in the evolving travel market. This initiative exemplifies how strategic innovation can drive customer satisfaction in an increasingly competitive landscape.