The operation of hotels, restaurants and public establishments of any kind, in particular the Gottardo hotel in Muralto, as well as the operation of bakeries, pastry shops, gastronomy and wine shops. The company may also engage in the purchase, sale and brokerage of public establishments and shops, as well as the trade and brokerage of any product or article related to hotels, restaurants, shops, etc. By decision of the board of directors, the company may open branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may also carry out all commercial, financial or other activities that are related to the purpose of the company.