The company's purpose is to operate a tourism business, particularly in the area of individual and group travel sales. The company may conduct all business directly or indirectly related to the aforementioned purpose, including acquiring, disposing of, exploiting or having exploited commercial, literary or artistic intellectual property rights. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business 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, as well as provide security for the liabilities of affiliated companies.