The company's purpose is to operate hotels, restaurants, take-aways and other businesses in the hospitality industry, trade in foodstuffs, and import and export goods of all kinds. Furthermore, the company may, by resolution of the board of directors, conduct any business that is suitable to promote or facilitate the development of the company and the achievement of its purpose, or which is directly or indirectly related thereto. It may also acquire, hold, rent, manage, develop and sell real estate in Switzerland and abroad, provide financing for its own account or for the account of third parties, grant guarantees and warranties for subsidiaries and third parties, participate in other companies in Switzerland and abroad, and acquire, hold, broker, grant, manage, administer and sell licenses and other rights of all kinds. The company may, by resolution of the board of directors, establish branches, agencies and subsidiaries in Switzerland and abroad.
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