The purpose of the company is the management, rental, purchase, sale and brokerage of hotels, aparthotels, mountain refuges, hostels and real estate of all kinds, real estate consulting and administration of such properties, as well as other activities related to the tourism, sports and hotel industry, both in Switzerland and abroad, as well as the promotion and participation in real estate transactions of all kinds, including coordination. Furthermore, the purpose of the company is the management of sports activities, rentals and sports facilities. The company may conclude all transactions and legal transactions suitable for promoting the purpose of the company or that are directly or indirectly related to it.