The company's purpose is to plan, design, build and operate hotels, including their ancillary businesses, both domestically and abroad. The company may acquire, hold, encumber and sell properties, real estate and property rights. The company may acquire, develop, manage and exploit patents, licenses and manufacturing processes. The company may establish branches and subsidiaries domestically and abroad, participate in other companies domestically and abroad, and conduct all business that is directly or indirectly related to its purpose. It may also provide financing for its own account or for the account of third parties, as well as issue guarantees and sureties for group, sister and subsidiary companies and third parties.