The company's purpose is to hold and manage participations in Switzerland and abroad, particularly in the tourism sector. The company may acquire, encumber and sell shares in companies; make financial investments of all kinds and participate in start-up projects; acquire, use and sell licenses, patents, names and trademark rights; provide auxiliary services in the interest of the participating companies; establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. Provide financing for its own account or for the account of third parties, as well as guarantees and sureties for subsidiaries and third parties; acquire, manage, encumber and sell real estate in Switzerland and abroad. Conduct all business and conclude contracts that are directly or indirectly related to the purpose of the company or are in its interest.