The company's purpose is: the management of hotels and restaurants, through the acquisition, sale, operation, management, rental, financing and construction of buildings; Any activity related to the management of hotels, restaurants, leisure facilities and the provision of services; And, more generally, all industrial, commercial, financial, movable or immovable operations, directly or indirectly related to the purpose or likely to facilitate its extension or development. It may also acquire and administer participations, on its own behalf or on behalf of third parties, in commercial or industrial companies, based in Switzerland or abroad, by acquiring shares, bonds, parts, holding claims or any suitable form, taking patents and trademarks. It may carry out all operations that are directly or indirectly related to its main purpose. The company may grant loans to its shareholders or third parties, guarantee loans subscribed by its associates or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, pledge its assets to guarantee any claim. The company may carry out any commercial and financial activity, any investment or other activity directly or indirectly related to its purpose or likely to achieve it. It may carry out these operations on its own behalf or on behalf of third parties, as a representative or agent, or have them executed on its behalf by third parties. The company may create branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad.