The company's purpose is to operate, professionally rent out and manage holiday apartments and chalets in the Alpine region, as well as provide all hotel services such as cleaning, catering and other additional services. The company may open branches and subsidiaries in Switzerland and abroad. It may also acquire participations in other Swiss and foreign companies. The company may grant direct or indirect financing to third parties, to companies in which it holds a direct or indirect participation, to direct or indirect shareholders or to companies in which these latter hold a direct or indirect participation through loans or other financing or by providing any type of guarantee, with or without consideration. Furthermore, it may conclude cash pooling agreements with other group companies. The company may acquire, hold, use and sell real estate and intellectual property rights in Switzerland and abroad. The company may also carry out all commercial, financial or other activities that are likely to promote the achievement of the company's purpose or are directly or indirectly related to it.