The purpose of the company is to invest in and engage in activities related to residential construction, hospitality and tourism. The company can develop, issue and sell vacation rights, as well as operate a vacation rights exchange pool. The company can conduct all business and take all measures that are directly or indirectly related to the company's purpose. It can establish branches in Switzerland and abroad. It can establish, acquire and sell companies, or participate in such companies, in Switzerland and abroad. It can buy, sell, mortgage, broker and manage properties in Switzerland and abroad. It can develop and register intellectual property rights, such as patents and licenses, acquire, grant and exploit such rights. It can conduct financial, investment, franchising, leasing, management and trust transactions, as well as representation and agency activities.