The company's purpose is to operate, rent and lease hotel and restaurant businesses and all related and connected activities. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as 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 provide guarantees and sureties for subsidiaries and third parties. Furthermore, the company may acquire and exploit licenses, concessions and rights, acquire or merge with similar or related companies. The company may engage in all commercial, financial and other activities that are related to the company's purpose.
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