The company's purpose is to operate hotels and restaurants in Weggis, as well as to buy, sell and manage real estate. The company may also acquire, hold, exploit or sell patents, trademarks and other intellectual property rights and licenses. The company may conduct all business, enter into obligations and conclude contracts that are suitable to promote the company's purpose and the development of the business, or that are directly or indirectly related to it. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.