The company's purpose is to operate hotels and provide all transportation services. The company may establish branches and subsidiaries in other countries, subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, as well as carry out all operations that have a direct or indirect connection with its purpose. The company may acquire real estate in Switzerland and abroad, mortgage it, sell it, and manage it. It may also accept financing for its own account or for the account of third parties and provide guarantees and sureties to subsidiaries and third parties.