The company's purpose is to provide management services in hospitality establishments in Switzerland and abroad as a management company, as well as to develop, realize, manage and operate as a lessee/tenant, owner or in an appropriate form, including the provision of services in these areas. The company may establish branches and subsidiaries in Switzerland and abroad, carry out any business activities and conclude contracts of any kind that promote the development of the company and its subsidiaries and facilitate the achievement of the company's purpose. The company may acquire, manage, transfer and exploit intellectual property rights such as patents, trademarks and licenses, and provide financing - for a fee or free of charge - for its parent, subsidiary or affiliated companies, manage capital, and provide guarantees and warranties - for a fee or free of charge - for its parent, subsidiary or affiliated companies. It may also acquire, encumber, sell and manage real estate in Switzerland and abroad.