The company's purpose is to provide management services in the hotel and catering industry, trade in and manage participations of all kinds, conduct financial transactions and trade in goods of all kinds. The company may also assume representations, acquire, develop, manage and exploit patents, trademarks, licenses, manufacturing processes and other intellectual property rights, as well as acquire, manage, encumber and dispose of real estate in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad, participate in and/or take over the management of other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. It may also provide financing for its own account and for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.