The company's purpose is to operate one or more bars, restaurants, hotels or para-hotel establishments, as well as to organize seminars and cultural, sports and tourist events. The company may acquire, sell, alienate, hold, build, rent, manage and administer, renovate, maintain, repair, carry out any brokerage, promotion, and valuation operations concerning real estate, movable assets and securities, excluding operations prohibited by the LFAIE, and carry out all movable and immovable transactions. The company may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, merge with such companies, acquire or sell real estate, and carry out all operations and conclude all contracts that are suitable for developing and expanding its purpose or are directly or indirectly related to it, both in Switzerland and abroad. It may also provide loans to associates or third parties if it serves its interests.