The management of public establishments, such as bars, restaurants, motels, guesthouses and hotels. The company is authorized to establish affiliated companies and foundations both in Switzerland and abroad, and may participate in other companies; the company is authorized to carry out any further activity aimed at achieving the purposes and objects mentioned in the previous points or in any way connected with them, both in Switzerland and abroad. The company may participate in other enterprises in Switzerland and abroad, carry out all commercial, financial or other activities that are related to the purpose of the company, and may acquire, own and sell real estate.