The company's purpose is to participate in and manage hotel and catering businesses, as well as to broker and trade such businesses. The company can also provide consulting and other services to the hotel and catering industry, participate in other companies, acquire, develop, rent, manage and sell properties. Furthermore, it can acquire, manage and sell securities and license rights, take out and grant loans. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.
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