Operating restaurant, bar and hotel businesses. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad, grant loans and conduct leasing transactions, also carry out financing, securities and foreign exchange transactions for its own account or for third parties, and provide guarantees and sureties for subsidiaries and third parties.