The purpose of the company is the acquisition, management and disposal of participations in companies of all kinds, primarily in the hotel and catering industry; establishment, operation, leasing and subleasing as well as consulting and management of any kind of business in the hotel and/or catering industry; operational consulting and management on its own account or on behalf of third parties in Switzerland and abroad; trade in products of all kinds, in particular in connection with the hotel and catering industry; training and further education of executives from the hotel and catering industry as well as mediation of services in these areas; participations; acquisition, establishment, encumbrance, conversion, renovation, management and sale of real estate and properties; taking up and granting loans; providing guarantees and securities; acquisition, management and exploitation of intellectual property rights. The company may also establish branches and subsidiaries in Switzerland and abroad, participate in other companies of any kind, 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 thereto. It may also enter into financing for its own account or for third-party account, as well as guarantees, sureties and pledge agreements for affiliated companies and third parties. It may acquire, lease, rent, manage, encumber and dispose of real estate in Switzerland and abroad. The company may acquire, hold, manage or sell any kind of debt or securities within Switzerland or abroad.