The purpose of the company is to operate hotel and catering businesses and to provide all related services, including cleaning and maintenance of buildings. Further purposes of the company are the transport of people, the organization and execution of events, the import and export as well as the trade of goods, the provision of business consultancy services and the provision of marketing services. Furthermore, it may conduct all business that is directly or indirectly related to its purpose. In addition, the company may carry out passenger transport and organize and implement events for its own purpose or for third parties. The company may 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 may acquire, encumber, dispose of and manage real estate in Switzerland and abroad. It may also provide financing on its own account or on behalf of others and enter into guarantees and sureties for subsidiaries and third parties.