The company's purpose is to operate the Siesta clubhouse with group accommodations, apartments and studios for leisure, seminars and training, with all related tasks. The company can acquire, hold, encumber and sell properties and intellectual property rights. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company can carry out all commercial, financial and other activities that are connected with the company's purpose. The company can provide financing for its own account or for third-party account, as well as grant guarantees and sureties for subsidiaries and third parties, or grant loans to third parties or provide security for their obligations.