The purpose of the company is to operate a tourism business, in particular in the areas of tour operating and the distribution of holiday, business and special trips, as well as the trade in goods of all kinds. The company can conduct all business that is directly or indirectly related to the aforementioned purpose, in particular acquire, dispose of, exploit or have exploited commercial, literary or artistic property rights, participate in other companies, establish branches and subsidiaries in Switzerland and abroad, and acquire and sell real estate in Switzerland and abroad. The company can also carry out all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or to provide security for their obligations.