The company's purpose is to provide various services in the parahotel accommodation sector by offering its customers customized accommodations and services; in particular, the company may develop activities or services in the real estate sector, including renovation, transformation, holding, rental and management of real estate. The company has the power to take interests in any form in all companies or corporations with an identical or similar purpose, or which may promote its social purpose, through the creation of new companies or enterprises, contributions, subscriptions, purchases of securities and participations or social rights, or through mergers or associations. The company may, on its own account or on behalf of third parties, carry out all financial, commercial, industrial, movable and immovable transactions directly or indirectly related to its purpose. The company may also grant loans or other forms of financing, as well as provide guarantees of any kind, in particular in the form of guarantees, pledges or securities on the company's assets, for the direct or indirect benefit of companies of the same group, its associates, its close relatives or third parties. Finally, the company may establish branches and subsidiaries in Switzerland and abroad.
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