The company's purpose is the operation and management of hotels and related businesses for one or several hotels. The company may collaborate with and participate in other companies with an identical or similar purpose in Switzerland and abroad, or take over such companies, acquire, manage and dispose of real estate, as well as carry out all operations directly or indirectly related to or likely to promote it, except for operations prohibited by the LFAIE. The company may grant loans or guarantees to shareholders or third parties if it serves its interests. The company may establish branches and subsidiaries in Switzerland and abroad.