The company's purpose is to operate restaurants, bars and hotels, as well as to trade in goods of all kinds. It can enter into all transactions and conclude contracts that are suitable for promoting the purpose of the company or that are directly or indirectly related to it. It can acquire, hold and dispose of real estate, securities, copyrights, patents and licenses of all kinds, provide financing for its own account or for the account of third parties, and grant guarantees and sureties for subsidiaries and third parties. Furthermore, it can establish branches in Switzerland and abroad, participate in other companies, merge with them or acquire them.