The company's purpose includes providing services in the hotel industry; operating a travel agency; organizing and mediating events; acquiring, managing, encumbering and disposing of properties, intellectual property rights and licenses of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is 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.