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Cyprus Sets The Benchmark: 74% Of Master’s Students Are Women In 2022

Cyprus is rewriting the rulebook on higher education in the European Union. According to Eurostat data, the island nation recorded the highest percentage of women in master’s programs among EU member states in 2022 while also boasting one of the strongest showings in doctoral studies.

Master’s Programs: A New Standard In Gender Equality

In 2022, Cyprus enrolled 9,359 master’s (or equivalent) students, of whom 6,948 were women—a striking 74.2%. This figure outpaces other EU nations, with Poland (67.3%) and Lithuania (66.1%) trailing behind. Across the EU, women make up 58.6% of master’s students (905,678 out of 1.5 million), a majority in every country except Luxembourg, where gender parity prevails.

Doctoral Studies: Climbing The Ladder

Cyprus isn’t stopping at master’s programs. At the doctoral level, 83 out of 143 students in 2022 were female (58.0%), placing Cyprus second only to Latvia (59.6%) and ahead of Lithuania (57.4%). In comparison, the EU-wide average stands at 48.5% (48,079 out of 99,204).

A Decade Of Progress

Over the past decade, the EU has seen a slight decline of 0.4 percentage points in the share of women in master’s studies—driven by modest decreases in 12 countries, ranging from -0.1 in Slovenia to -3.6% in Hungary. In stark contrast, the share of women in doctoral studies has grown by 1.0 percentage point overall, with Cyprus registering the most impressive surge: an 8.0 percentage point increase from 2013 to 2022.

Implications For The Future

These figures highlight Cyprus as a leader in fostering gender equality in higher education, a crucial factor for driving future innovation and leadership. With such a robust commitment to empowering women at the highest academic levels, Cyprus is not only setting a benchmark for the EU but also paving the way for a more diverse and dynamic knowledge economy.

As the global spotlight increasingly focuses on diversity and inclusion, Cyprus’ standout performance in both master’s and doctoral studies signals a promising shift toward a more balanced and innovative future in higher education.

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

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.

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.

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