The purpose of the company is the management of catering activities of all kinds, i.e. restaurants, hotels, guesthouses, hostels and similar. The company may acquire participations in similar companies, assume fiduciary mandates. It will also be able to provide consulting services in the search and selection of personnel and assistance in the commercial field for the management and organization of companies. The company is authorized to administer, acquire and sell as well as manage lands of all types, namely real estate, co-ownership shares, condominium units, etc. as well as to act as general contractor. The company may create affiliated companies and invest in other companies in Switzerland and abroad and carry out all activities directly or indirectly related to its purpose. It may also make financing for its own account or for the account of third parties and grant guarantees to controlled companies and third parties.