The company's purpose is to acquire, manage and sell participations of all kinds, in particular in the field of tourism, as well as to sell travel services. The company may engage in all commercial, financial and other activities that are suitable to promote the purpose of the company or are related to it. The company may acquire real estate and properties in Switzerland and abroad, establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.