The company's purpose is to operate a gastronomy and/or accommodation business (backpacker/hostel) and provide related services in the field of renting furnished apartments on a temporary basis and other services of all kinds. The company may also take over the management of other companies active in the gastronomy and/or accommodation industry. The company may establish branches in Switzerland and abroad, participate in other companies, acquire or sell other companies. It may acquire, manage and sell real estate and securities, take out and grant loans, provide guarantees and other securities, as well as acquire, manage and exploit intellectual property rights. It may participate in other domestic and foreign companies in the same or related industry, acquire or establish similar or related companies. Furthermore, the company may conduct all business that is suitable to promote the development of the company and achieve its purpose.