The purpose of the company is the direct or indirect acquisition, continuous operation, sale of participations in domestic and foreign companies, in particular from the hotel and catering industry, real estate industry and tourism industry, construction industry, resort management, real estate financing and similar business areas, as well as the provision of similar services. The company may establish branches in Switzerland and abroad and participate in or merge with other companies. It may acquire and sell properties and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.