Planning, marketing and sale of holiday apartments, hotels and resorts on its own account and on behalf of third parties in Switzerland and abroad. The company may establish branches in Switzerland and abroad, participate in companies of the same or similar industry, acquire or merge with similar or related companies, acquire, manage or sell properties, raise and invest funds on the money and capital market, acquire, hold and grant licenses, provide guarantees and sureties for the benefit of affiliated companies, and enter into any business and conclude any contracts that are suitable to promote the purpose of the company or are directly or indirectly related thereto.