The purpose of the company is to operate hotels and restaurants and to provide all services in the gastronomy and tourism sector, in particular also to organize and conduct events and to provide all services related to the purpose. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire similar or related companies or merge with them, acquire, manage and sell real estate, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.