The company's purpose is - subject to obtaining any necessary authorizations for the same - the operation of hotels, restaurants, cafes, bars, tea rooms, and public establishments of any kind, as well as the operation of bakeries, pastry shops, gourmet food and wine stores. The company may also engage in the purchase, sale, and brokerage of public establishments and stores, as well as the trade and brokerage of any products or articles related to hotels, restaurants, and stores. The company may also carry out all commercial, financial, or other activities that are related to the company's purpose. The company may also acquire, sell, manage, receive, and grant the use of technologies, technical know-how, industrial patents, trademarks, licenses, and intellectual property rights in general, particularly in the aforementioned sectors. The company may also acquire, encumber, manage, administer, lease, and sell real estate in Switzerland and abroad, as well as participate in real estate companies and enterprises with headquarters and/or activities in Switzerland and abroad, in compliance with applicable laws. Any activity carried out in the real estate sector is not directed towards third parties but is limited to real estate for the company's own account. The company may acquire, for its own account and not in a fiduciary capacity, interests and participations in other industrial, commercial, financial, and service companies or enterprises in Switzerland or abroad, in the sector related to the company's purpose or in other sectors. Finally, the company may carry out all commercial, industrial, and financial operations deemed necessary or useful and functionally connected with the company's purpose or aimed at achieving it, and open branches and subsidiaries in Switzerland and abroad.