The purpose of the company is to provide consulting and planning services as well as management and administration of existing and to-be-established hotel, restaurant and apartment businesses as well as real estate of all kinds in Switzerland and abroad through the acquisition of short-term and long-term rental or lease agreements, including related gastronomic or tourist businesses, organizations or institutions, recreational facilities and clubs as well as properties, on behalf of third parties or for its own account. The company may acquire, hold, manage, sell and broker real estate or properties in the name of third parties. Furthermore, it may engage in all commercial, financial and other activities that are related to the purpose of the company or are in the general economic interest of the company.