The purpose of the company is the development, creation, management, administration and operation of structured accommodation establishments, tourist-managed apartments and other related properties and businesses. The company may acquire, manage, hold and sell participations in other companies, primarily in the field of real estate and hospitality. The company may establish branches and subsidiaries, acquire, encumber, sell and manage real estate, provide financing on its own account or on behalf of third parties, and grant guarantees and sureties for subsidiaries and third parties.