The company's purpose is to operate one or more restaurants, hotels and similar businesses such as B&Bs, and to provide any services in these areas, as well as all activities directly and indirectly related to this purpose. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may acquire, sell and grant patents, licenses and other intangible and tangible assets. It may also provide financing for its own account or for the account of third parties, and enter into guarantees and sureties for subsidiaries and third parties. It may participate in any form in other companies, merge with them, and establish, acquire, lease or found such companies, and carry out any business and transactions of any kind that are beneficial to the company's purpose.