The company's purpose is to manage and hold participations in hotel, gastronomy and entertainment businesses, including the related services. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, take over representations and enter into any business 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 provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for affiliated companies and third parties. The company may acquire, encumber, sell and manage properties in Switzerland and abroad.