The company's purpose is to operate gastronomy and hotel businesses, buy, sell, plan, build, rent, manage and maintain real estate, as well as build and operate public parking facilities for motor vehicles, and hold and manage participations, finance participation companies, provide related services and perform management tasks. The company may conduct commission business. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into any business and conclude any contracts that are suitable to promote the purpose, development of the company and the achievement of the company's purpose, which are directly or indirectly related to it. The company may acquire, develop, encumber, manage and sell properties.