The purpose of the company is the purchase, sale and holding of participations in the fields of hospitality, gastronomy, leisure industry and related sectors. The company may establish branches in Switzerland and abroad and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.