The purpose of the company is the acquisition, holding, management, rental and sale of hotels as well as related secondary businesses. The company can acquire, hold, manage and sell participations in companies of all kinds in Switzerland and abroad. The company can also conclude all transactions and enter into agreements that serve the company's purpose directly or indirectly or are directly related to it. The company can grant loans or other financing to its direct or indirect parent company and its direct or indirect subsidiaries (directly or indirectly). The company can provide guarantees, securities and other obligations of any kind for liabilities of such companies, including through fiduciary transfers or assignments of and pledges on the company's assets. The company can also operate or participate in cash pooling (of any kind). Each transaction mentioned in this paragraph can be carried out independently of any potential cluster risks and with or without consideration. The company can establish branches and subsidiaries in Switzerland and abroad and acquire, hold, manage and sell real estate.
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