The company's purpose is to operate hotel, restaurant and catering businesses, as well as to provide services as a tour operator, organizing and conducting trips and events in Switzerland and abroad, and operating a passenger and goods transportation company. The company may acquire, hold and sell real estate and building rights in Switzerland and abroad. The company may acquire, hold, grant, sell and acquire licenses and intellectual property rights. The company may conduct any further business and take any measures that appear suitable to promote the purpose of the company or are connected therewith. It may establish branches and subsidiaries in Switzerland and abroad.