The company's purpose is to hold and manage participations in companies in the tourism, travel and leisure services sector as well as related industries. The company may establish branches in Switzerland and abroad, participate in other companies, take over representations and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company or are directly or indirectly related to it. It may also enter into financing for its own account or for the account of third parties, as well as guarantees, sureties and pledge transactions for affiliated companies and third parties.