BAE Ventures

As 2024 comes to a close, we honour a year of new ideas, effective partnerships, and shared progress that shaped the future of travel and tourism. Each milestone we reached with our partners, startups, shareholders, and team created a ripple effect, sparking possibilities across the sector. Here’s how those ripples spread this year: 🔹 Supporting Startups We partnered with founders who are redefining travel and hospitality. Their persistence fuels a ripple effect of innovation, encouraging more entrepreneurs to think differently. We’re grateful to be part of their journey. 🔹 Driving Corporate Innovation We continued connecting agile startups with established corporations. These collaborations reverberated across the industry, showing how shared insights and resources can transform entire sectors. 🔹 Expanding Our Reach From Europe and the Middle East to the Americas and Asia, our travels broadened our views and helped us support new ideas worldwide. Every experience enriched our perspective and expanded our global impact. 🔹 Fostering Conversations that Spark Change We hosted events and joined conferences that sparked progress. Every dialogue and shared insight sent waves through the travel and tourism community, inspiring new ways to solve challenges. 🔹 Fueling the Future We launched two new funds to help startups shape travel and tourism. These funds aren’t just investments; they set off ripples that will change how we move, connect, and explore. As we step into 2025, we see more opportunities to think bigger, aim higher, and work together for a stronger future. To our partners, startups, shareholders, and team: thank you for making 2024 a significant chapter in our journey. Here’s to another year of innovation, collaboration, and shared growth. ✨ Happy BAE Year! Let’s make 2025 Extraordinary. ✨ #HappyBAEYear #RippleEffect #Innovation #Startups #Travel #Tourism #VentureCapital

At the CEO Innovation Board in November, held at Atelier Joana Vasconcelos, a powerful message resonated: #innovation is not always about technology. Just like artists constantly reinvent themselves to stay relevant, #travel and #hospitality products and services must evolve every few months to stay competitive and meaningful. Joana Vasconcelos exemplified this through her art—blending #creativity and #reinvention to push boundaries. In travel and hospitality, the same approach is vital: reimagine what exists, adapt to changing needs, and continuously innovate to keep the product alive. At BAE Ventures, we embrace this mindset with Corporate Innovation Programs that transform challenges into scalable, impactful solutions, helping businesses reinvent sustainably. A special thank you to Jungle Corner Production Company for producing our inspiring video that captures these insights. Innovation is a journey of reinvention, and it's how we shape the future of travel and hospitality. Read more—Link in first comment #BAEVentures #Tourism #CEOInnovationBoard #InnovationBeyondTech

The Pulse of Progress: Corporate Innovation in the Modern Era In today’s rapidly evolving landscape, innovation isn’t optional—it’s essential. The Pulse of Progress explores how corporate innovation reshapes industries, highlights successful strategies, and navigates challenges. Key Takeaways: 🔹 Strategic Necessity: Innovation safeguards against stagnation, opening new markets and preparing for disruption. 🔹 Proven Models: Companies like Google and Amazon leverage flexible structures, labs, and venture arms for breakthrough ideas. 🔹 Technology at the Core: AI accelerates R&D, streamlines operations, and deepens customer engagement. 🔹 Inclusive Culture: Distributed innovation responsibilities foster diverse ideas and better results. 🔹 Challenges: Balancing risks with long-term goals is critical to sustaining innovation. Learn how companies are leading the way with targeted partnerships and emerging technologies. 👉 Read the article—Link in first comment How is your organization embracing innovation to stay ahead? #CorporateInnovation #DigitalTransformation #OpenInnovation #StartupEcosystem

How can companies stay ahead in a rapidly changing environment? The Foundations of Corporate Innovation in the Digital Age sheds light on how organizations have evolved from centralized R&D to collaborative ecosystems—balancing existing strengths with disruptive opportunities. Key Insights 🔹 Historical Evolution: From closed-door R&D labs to open innovation and external partnerships 🔹 Digital Disruption: IoT and AI are transforming industries at an unprecedented pace, demanding agile responses 🔹 Innovation Management: Three pillars—architecture, sources, and capabilities—are critical for nurturing new ideas 🔹 3-Layer Architecture: Foundational improvements, transformational projects, and disruptive ventures 🔹 Future Outlook: Success hinges on fostering a culture that embraces risk, collaboration, and continual learning What opportunities or barriers do you see shaping corporate innovation today? Download the Report—Link in first comment #CorporateInnovation #DigitalTransformation #IoT #AI #OpenInnovation #Agility

The travel industry is in the midst of a major transformation, with technology and sustainability driving the change. According to the new Travolution Innovation Report 2024—aptly titled “The race is about to start. Are you in?”—businesses that embrace these trends will be best positioned for future success. Key Highlights: 🔹 Generative AI: 46% of travel leaders cite it as a top focus area, revolutionizing trip planning and personalization. 🔹 Sustainability: 75% of global travelers now consider their environmental impact, and 86% of millennials prioritize eco-friendly options. 🔹 Digital Bookings: Digital platforms will represent 65% of all travel bookings globally by 2026, reflecting the ongoing shift toward convenience and transparency. 🔹 Experiences Sector: Nearly 80% of tours and activities operators are small or medium-sized businesses, yet 40% still lack reservation systems—highlighting a huge opportunity for digital transformation. For a deeper look at how tech advancements and sustainability are shaping the future of travel, read the full article—link on first comment— and the Travolution Innovation Report 2024-Link on second coment. What do you think are the biggest opportunities (or challenges) facing the travel industry in the year ahead? Let’s start the conversation in the comments below👇 #TravelTech #Innovation #Sustainability #GenerativeAI #DigitalTransformation #Hospitality #TravelIndustry

As corporate innovation becomes increasingly vital in today’s competitive landscape, our November newsletter delved into how the travel and hospitality industry is taking the lead. From cutting-edge technologies like Generative AI to the growing emphasis on sustainability, we explored how these trends are reshaping traditional business models and creating new opportunities for transformative growth. Here are the key highlights: 🔹 Generative AI & Personalization: According to the Travolution Innovation Report 2024, 46% of travel leaders are adopting Generative AI to reshape trip planning and boost customer engagement. 🔹 Sustainability as a Must-Have: With 75% of travellers considering environmental impacts and 86% of millennials opting for eco-friendly travel options, sustainable practices have become non-negotiable. 🔹 Corporate Innovation: From Google’s agile innovation models to Amazon’s venture capital projects, successful corporate innovation hinges on collaboration. Partnerships between startups and major players—particularly in areas like AI, blockchain, and regenerative tourism—underscore the power of collective progress. 🔹 The CEO Innovation Board: At an exclusive event in Joana Vasconcelos Atelier, we presented our Corporate Innovation Programs, designed to simplify and accelerate innovation within hospitality. Industry leaders left inspired by new ways to integrate creativity and measurable outcomes, ensuring sustainable growth and long-term resilience. For more insights subscribe NEXUS newsletter—Link in first comment #BAEVentures #Innovation #Hospitality #Travel #Tourism #CorporateInnovation

Innovation doesn’t have to be complex. At BAE Ventures, we’re transforming how the industry approaches change with our Corporate Innovation Programs, making innovation accessible, efficient, and impactful. Key Highlights: 🔹 Actionable Insights: Simplifying big data into clear strategies to enhance guest experiences. 🔹 Practical Solutions: Tackling challenges like rising costs and individual customer expectations with scalable strategies. 🔹 Sustainability Made Achievable: Aligning environmental goals with profitability through practical steps. 🔹 Measurable Results: Delivering tangible outcomes that improve operations and customer satisfaction. Innovation is simpler than you think. Learn more—Link on first comment #BAEVentures #HospitalityInnovation #SustainableGrowth #CorporateInnovation

The Tribeca Film Festival took a bold step beyond its New York roots, debuting internationally in Lisbon. For BAE Ventures, it was an opportunity to connect with global leaders, innovative storytellers, and bold thinkers in the entertainment space. A highlight was meeting Tony Goncalves, the mastermind behind this festival’s edition. His remarkable career—from WarnerMedia to founding The Evrose Group—and his deep commitment to blending media, technology, and culture is nothing short of inspiring. The projects showcased and synergies explored reinforced our belief in entertainment as a driver of innovation and economic growth. From immersive formats to global collaborations, Tribeca inspired fresh ideas for the entertainment vertical at BAE Ventures. The Tribeca Film Festival is proof that storytelling knows no borders—and neither do opportunities for innovation. Read full Story—Link in first comment #BAEVentures #EntertainmentInnovation #TribecaFestival #GlobalStorytelling

GV (Google Ventures) Backs Game-Changing Mixed Reality Tech Distance Technologies, a Helsinki-based startup, just raised €10M in seed funding led by Google Ventures to revolutionize AR interfaces for transportation. Their innovative tech transforms transparent surfaces—like car windshields and airplane cockpits—into immersive AR displays, no headsets needed. Key Features: · Infinite pixel depth for seamless, real-time overlays. · Full-surface coverage for unrestricted fields of view. · Applications: From safer driving to advanced cockpit navigation. This cutting-edge innovation is set to redefine transportation systems in automotive, aerospace, and defense. With Google Ventures’ support, Distance Technologies is paving the way for a more intuitive, immersive future. 📖 Read more about this breakthrough—Link in first comment #MixedReality #Innovation #ARTechnology #TransportationTech #GoogleVentures #FutureOfMobility

Travel’s Great Renewal: Insights from the Skift Global Forum The Skift Global Forum 2024 once again highlighted Skift’s remarkable work in driving thought leadership across the travel industry. Bringing together over 1,000 leaders under the theme “Travel’s Great Renewal (and Reckoning),” the event explored bold strategies shaping the future of travel. Highlights: · Airbnb’s billion-dollar expansion plans · Marriott’s insights on evolving luxury trends · Booking Holdings’ focus on U.S. short-term rentals · JetBlue’s premium lounges at JFK and Boston · The rise of health & wellness travel as a game-changer If you couldn’t attend, don’t miss it next year—it’s an event worth planning for. In the meantime, you can read the highlights—Link in first comment. #TravelInnovation #SkiftLive #FutureOfTravel #TourismTrends