The purchase, sale, construction and rental of real estate, the rental and management of apartments or rooms for vacation purposes, including the rental of apartments or rooms for short periods, by the day, week or month, the management of public establishments, the purchase, sale, trade, import and export of food, wines and alcoholic beverages as well as beverages in general, participation in any form in other companies, the establishment of branches, subsidiaries, agencies and representations in Switzerland and abroad, any other activity directly or indirectly connected with the company's purpose.