Operation of restaurants, in particular of inns with social, historical, culinary, architectural or other special traditions, while preserving this character to the greatest extent possible. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, provide financing for its own account or for the account of third parties, grant guarantees and sureties for subsidiaries and third parties, and acquire, manage and sell copyrights, patents and licenses of all kinds.