Acquisition and operation of catering businesses, in particular the operation of the Hotel Kistenpass in Breil/Brigels, as well as the takeover, management or leasing/renting of further hotels or other catering businesses. The company may participate in ventures at home and abroad, open branches, acquire, encumber or dispose of real estate. The company is authorized to take out financing, restructuring and intercession measures in favor of shareholders, affiliated companies or third parties, as well as to grant loans to shareholders, affiliated companies or third parties, if this is in their interest.