Acquisition, holding, management and sale of participations in other companies in Switzerland. May carry out all transactions suitable for promoting the company's purpose or directly or indirectly related thereto. This includes, among other things, financing and consulting of companies, purchase/sale and development/management of real estate projects, as well as participation in other companies active in the fields of leisure, tourism, hospitality or other related sectors. May also acquire, manage and exploit patents, licenses and other intangible rights and is authorized to establish branches and subsidiaries in Switzerland and to participate in other companies in Switzerland.