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Ice Cream, Holidays And Hotels Cost More In June

by THEFUTURE.TEAM

July 8, 2024

The prices of “summer” products specifically ice creams, package holidays and hotels went up in June, compared to the previous month, according to data released by the Cyprus Consumers Association, based on the Consumer Price Index.

According to the data, the price of organised domestic holidays has increased by 11.8%. At the same time, ice creams are 8.07% more expensive, while hotels’ prices have also increased by 7.76% compared to May.

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Compared to May 2024, an increase was also recorded in the price of dried, salted and smoked meat by 5.09%, yoghurt by 3.75%, food processing equipment by 3.5% and fresh fruit by 3.44%.

On the contrary, compared to May, in June the price of sewerage services decreased by 10.4%, the price of subscription to TV stations dropped by 10.06%, while the price of fresh vegetables, excluding potatoes and other bulbs, decreased by 9.12% and vegetables by 7.07%.

Compared to June 2023, in June 2024 the price of olive oil continued to register a large increase by 63.09%, passenger transport went down by 16.54%, fresh fruit by 15.42% and fruit by 12.87%.

A significant decrease, compared to last year, was recorded in the price of sugar, by 20.44% in June 2024. Garden furniture is also cheaper this June by 13.72%, while the price of butter decreased by 10.42%.

The Future Forbes Realty Global Properties

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.