The company's purpose is to operate a hotel. This purpose includes the purchase and sale, leasing or renting, leasing or subleasing, self-management, as well as the administration and management of hotel and catering businesses. The company may participate in other enterprises, as well as acquire, utilize, manage, and dispose of real estate and intangible property rights, establish subsidiaries and branches both domestically and internationally, and additionally perform all legal actions that the company's purpose may entail or that are suitable to promote its development or that of group companies. The company may grant direct or indirect financing to third parties, including companies in which it is directly or indirectly involved, its direct or indirect shareholders, as well as companies in which they are directly or indirectly involved, either through loans or other financing, including within the framework of cash pooling agreements, and may also directly or indirectly provide security of any kind for their or their obligations, including through pledges on or fiduciary transfers of the company's assets or through guarantees of any kind, whether for compensation or not.
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