The company's purpose is to operate establishments active in the hotel, catering and sales industries in Switzerland or abroad. The company may create and manage branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as carry out all operations having a direct or indirect connection with its purpose. The company may acquire and exploit rights related to intangible assets of all kinds. The company may purchase, encumber, sell and manage real estate in Switzerland and abroad, subject to the operations prohibited by the LFAIE.