The company's purpose is to rent and manage holiday accommodations and rental apartments in Switzerland and abroad, to acquire, encumber and sell real estate, to provide services in the tourism and catering sector (in particular catering, guest transport and caretaking) as well as to trade products in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.