The management of public establishments of all kinds and types, both hotel and restaurant businesses. The company may also manage boarding houses, canteens, refuges, huts, inns and agritourism establishments. The company may participate in other companies and establish branches and subsidiaries in Switzerland and abroad. The company may acquire, encumber, hold, alienate real estate and, in general, carry out any commercial, financial or other activity directly or indirectly related to the purpose. The company may pledge its assets in favor of third parties.