The company's purpose is to operate and organize hotel, restaurant and catering businesses, to take over and manage tourism-related businesses in the broadest sense, to acquire, rent, lease and sublease real estate and movable assets. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, 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. The company may grant loans.