The purpose of the company is to operate hotels and restaurants as well as manage properties, taking into account the interests of the regional, local population, natural conditions and modern technical requirements. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, found and acquire similar or related companies or merge with them, acquire or 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.