The company's purpose is to create, finance, support and develop hotel and tourist establishments, cultural, educational, family, social, spiritual and religious meeting centers in Switzerland and abroad; to this end, it may acquire and manage all properties, except for all operations subject to the LFAIE. The company may establish branches and subsidiaries in Switzerland and abroad, hold participations in other companies in Switzerland or abroad, and carry out directly or indirectly any activity related to its purpose, except for all operations subject to the LFAIE. The company may acquire, encumber, sell, manage, grant the enjoyment by long-term lease or concession of real estate in Switzerland or abroad, except for all operations subject to the LFAIE.