BAE Ventures’ Post

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

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics