The company's purpose is to operate accommodation establishments, manage hospitality and similar businesses, and rent out rooms and infrastructure. Furthermore, the company aims to manage and administer properties, as well as provide all related services. The company may 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 may acquire, encumber, sell, and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, and grant securities for liabilities of affiliated companies.