The purpose of the company is to provide services in the hotel and catering industry, in particular the operation of the hotel and restaurant business at the Courtyard by Marriott and the provision of services related to events. The company may establish branches and subsidiaries in Switzerland and abroad, as well as acquire, manage and sell participations. The company may acquire, hold and sell real estate, patents, trademarks, copyrights, design rights and all other intellectual property rights in Switzerland and abroad. The company may conduct any further business and take any measures that appear suitable to promote the purpose of the company or are directly or indirectly related to it.