The company's purpose is to manage apartments that are offered to guests for permanent and exclusively short-term use under market conditions within structured accommodation forms, as well as to trade, distribute and manage properties; to grant loans; to import and export vehicles and metal goods. The company is authorized to participate in or acquire other companies in Switzerland and abroad that pursue the same or similar purposes, to exploit licenses, and to conduct all business that is directly or indirectly related to the company's purpose or is suitable for promoting it. The company may establish branches in Switzerland or abroad. The company may acquire, encumber and sell properties.