Management of hotel, restaurant and seminar operations as well as provision of gastronomic services of all kinds, furthermore provision of services and consulting services to companies in the hotel and catering industry. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, conduct all business directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad, acquire, manage and exploit intellectual property rights, arrange financing for its own account or for the account of third parties, as well as grant guarantees and warranties for subsidiaries and third parties.