The company's purpose is the management and operation of public establishments, in particular restaurants, cafes, bars and hotels, as well as any activity in the fields of catering, hospitality and gastronomy. The company may establish branches and subsidiaries in Switzerland and abroad and take participations in other companies in Switzerland and abroad, as well as carry out all operations that are directly or indirectly related to its corporate purpose. The company may acquire, mortgage, sell and manage real estate. It may also carry out financing for its own account or for the account of third parties, as well as grant guarantees and securities to its subsidiaries and third parties.