The company's purpose is to provide services in the areas of travel guidance, events and leisure, as well as in related areas, and to conduct real estate transactions of all kinds, in particular property management and related businesses, such as rentals and the purchase and sale of properties. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is 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, and grant securities for liabilities of affiliated companies.