The company's purpose is: - any activity in the field of operating public establishments, in particular accommodation and catering services, as well as any activity in the tourism sector; - the purchase, sale, construction, renovation, trade, development, promotion, administration, management, brokerage of real estate and in general the provision of all services and performances in the field of real estate and construction. The company may carry out all financial or commercial transactions related to its purpose or likely to promote it. The company may participate in other companies and establish branches and subsidiaries, both in Switzerland and abroad. It may grant loans or guarantees to associates or third parties if it serves its interests.