Acquisition, holding, administration and disposal of participations in companies of all kinds in Switzerland and abroad and provision of services and consultancy for participations companies and third parties in the fields of marketing, organisation and IT. May in particular carry on, promote and support activities in the fields of leisure, sports, gastronomy, real estate as well as related business sectors, furthermore establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad as well as conduct all business directly or indirectly related to its purpose, acquire, encumber, dispose of and administer real property in Switzerland and abroad, also provide financing on its own account or for the account of others as well as provide guarantees and sureties for subsidiaries and third parties.