The company's purpose is to rent out accommodations for short-term and temporary stays. The company can rent, lease, buy, sell and manage objects and movables in Switzerland and abroad, as well as acquire, encumber, sell and manage real estate. The company can establish branches and subsidiaries in Switzerland and abroad, participate in or provide financial services to other companies and institutions in Switzerland and abroad, merge with such companies, and conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber and sell real estate in Switzerland and abroad. It can also provide guarantees and sureties for its subsidiaries and third parties.