Provision of administrative and management services for hotels, residences and resorts, as well as brokerage and sale of real estate in these areas. The company may acquire, hold, exploit and sell patents, trademarks and other intellectual property rights, as well as license rights. It may establish and operate branches, subsidiaries and participations in companies and enterprises in Switzerland and abroad, and acquire, hold, finance, encumber, sell and manage real estate and properties in Switzerland and abroad. It may also carry out financing for its own account or for the account of third parties, and provide guarantees and sureties for subsidiaries and third parties.