Execution of activities as a tour operator and travel agency. Organization and promotion of trips for tourists and companies. Organization and promotion of air, sea and round trips, transportation of persons, management of travel agencies and promotion of tourism. Provision of all services included in a tour, consulting in the tourism and travel industry, organization of balloon flights and sports activities. Operation of restaurants and provision of business forwarding services. Purchase and management of hotel and real estate properties in Switzerland and abroad; management of commercial sales outlets and public facilities. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into all transactions and contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may acquire, manage, encumber and sell properties, intellectual property rights and licenses of all kinds.