The company's purpose is to acquire and hold participations, among others in the tourism sector, to finance subsidiaries and third parties, and to manage its own assets. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. It can also provide financing on its own account or on behalf of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.