The purpose of the company is to acquire, hold, manage and dispose of participations in companies, in particular in the hotel, catering and leisure industry, as well as to provide services in these areas. Participations in companies that own real estate are only possible if the real estate is operational property that is not subject to authorization requirements. The company may establish branches abroad, take over representations, and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company, or that are directly or indirectly related to it. It may also enter into loans for its own account or for the account of third parties, as well as guarantee and pledge transactions for affiliated companies and third parties. It may acquire, hold, manage and dispose of non-authorization-requiring real estate in Switzerland and abroad. The company may acquire, hold, manage or sell any kind of debt or securities, within Switzerland or abroad.