The purpose of the company is the planning, design, construction and operation of hotels, including related ancillary businesses, conference facilities, restaurants, cafeterias, parking garages and the like in Switzerland, as part of the international "Hilton" group. The company may enter into management and franchise agreements and other hotel-related contracts and may generally provide hotel and hotel-related services of all kinds. The company may also conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose, in particular establishing branch offices, participating in companies of a similar nature in the country, acquiring and disposing of real estate. The company may establish branch offices in Switzerland and abroad.