The company's purpose is to operate one or more restaurants, bars or hotels and related service companies in the hospitality industry; can develop and sell new concepts in the hospitality industry or participate in them; exploitation of licenses and patents as well as their granting; consulting and franchising, activities in the field of restaurant equipment, table culture, wine and beverage trade as well as the provision of further services around the hospitality industry. It can establish branches and subsidiaries in Switzerland and abroad and participate in or acquire other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can take out and grant loans and also arrange or broker financing for its own account or for third parties, as well as enter into, manage and exploit guarantees and sureties for subsidiaries and third parties.