The purpose of the company is to acquire, hold, manage and sell participations in companies in Switzerland and abroad, which are particularly active in the travel industry or provide services in this field. Furthermore, the company can acquire, manage, sell and exploit intellectual property rights. In addition, the company can carry out all commercial, financial and other activities that are intended and suitable to promote or facilitate the development of the company and the achievement of its purpose. It can provide financing of all kinds to its subsidiaries. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad.