Hotel Blauherd Zermatt AG

Acquisition, operation, management and sale of hotels and hotel participations, catering establishments and other tourist facilities. May manage assets on its own account or on behalf of third parties, in particular acquire, finance, create, manage, encumber and sell properties. May provide financing for its own account or on behalf of third parties, as well as guarantees and sureties for subsidiaries and third parties. May acquire, hold and exploit patents, licenses and other intellectual property rights. May participate in other companies, establish subsidiaries and branches.