The company's purpose is to operate hospitality businesses. Additionally, the company aims to market and rent apartments of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies 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, provided that these activities are directly or indirectly related to the company's purpose. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.