The purpose of the company is any activity in the field of public establishments with and without accommodation. The operation of any other tourist reception activity, in particular the rental of apartments and rooms for tourist use in Switzerland and abroad. The construction, purchase and sale, and management of real estate in general abroad. The company may carry out any commercial, movable and real estate or financial operation deemed connected with the achievement of the company's purpose. Consulting and provision of services in the fields of security of persons and property, as well as mere custody on behalf of third parties and self-storage activities. The company may grant real or personal guarantees also in favor of third parties. It may acquire participations in other companies or enterprises with a similar purpose and open branches and subsidiaries in Switzerland and abroad.