The company's purpose is to operate hotels, business apartments with the takeover and resale of rental contracts, as well as the operation of restaurants and take-aways. Furthermore, it organizes events and brokers products or services from all industries; acquisition, holding and disposal of patents, certificate rights, trademarks, other intellectual property rights and licenses of all kinds. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.