The company's purpose is to operate hotels, restaurants and aparthotel businesses, including the provision of all gastronomic and accommodation services, the organization of seminars and sales, culinary consulting of any kind, all in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in or merge with other companies in Switzerland and abroad, and conduct all business 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 third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.