The company's purpose is to acquire, hold, manage and sell participations in hotel companies in Switzerland and abroad. The company may establish branches, found or participate in similar or related businesses. It is authorized to conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose. It may acquire, manage, sell and encumber properties or limited real rights. In particular, the company may also participate in group financing, in particular by granting loans to its direct or indirect shareholders (including participants) or other group companies, or by providing guarantees or other securities of any kind for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders (including participants) or other group companies and are provided free of charge. The company may conduct all other business that directly or indirectly promotes the aforementioned purposes.
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