The purpose of the company is the buying, selling, management and administration of public establishments such as restaurants, bars, cafes, hotels, guesthouses, inns, refuges, and any other form of public establishment. The company may carry out all operations directly or indirectly related to the company's purpose, as well as acquire participations in other companies. The company is authorized to purchase and encumber properties in Switzerland and abroad for its own use and to achieve the company's purpose.