The company's purpose is to acquire, manage and dispose of hotels and hotel properties, in particular the Radisson Blue Hotel Basel. To achieve this purpose, the company may also enter into management and lease agreements with third parties. The company may acquire, manage and transfer patents, trademarks and technical and industrial knowledge; the company may participate in other industrial and commercial companies, establish branches and subsidiaries in Switzerland and abroad. The company may conduct business with or for the benefit of related parties, including its direct and indirect shareholders and other group companies, in particular grant loans to these persons or provide guarantees, sureties, mortgages or other securities to secure their liabilities, in each case whether against payment or not and even if these transactions are in the exclusive interest of the related party. The company may acquire, manage, encumber and dispose of real estate and investments in Switzerland and abroad. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes.