The purpose of the company is: a) The establishment, development, management and operation of all public establishments, in particular cafes, restaurants, bars and hotels; b) To acquire, own, manage and transfer the intellectual property and operating rights of all public establishments, in whatever form, in particular alone, in partnership or through franchise. The company may also participate in other companies in Switzerland and abroad, excluding participations in companies whose purpose is the acquisition of real estate in Switzerland, acquire or establish companies with the same or similar purpose, carry out all financial, commercial, industrial and real estate transactions and conclude all contracts that are suitable to promote the company's purpose or are directly or indirectly related to it. Finally, the company may establish branches and/or subsidiaries in Switzerland or abroad.