The company's purpose is the purchase, sale, administration and operation of public establishments, hotels and tourist residences, the production and logistics of cultural events and festivals, as well as the import, export and trade of food and beverages with or without alcohol. To achieve this purpose, it may carry out, either on its own account or on behalf of third parties, all financial, industrial, commercial, movable or immovable transactions (with the exception of transactions prohibited by the LFAIE) directly or indirectly related to its object, or likely to facilitate its realization and expansion. The company may create branches in Switzerland and abroad, participate in other companies and conclude all contracts suitable for developing its purpose.