The company's purpose is to operate a tourism business, particularly in the areas of tour operating and the distribution of holiday, business and special trips as package and/or individual travel services, as well as all other activities in any form in the tourism industry, such as the operation of holiday and tourism centers and all businesses directly or indirectly related thereto. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.